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blockchain trends

We at ZorroSign recognize that the technology industry is constantly evolving and changing. As new innovations are created and others evolve, we find it important to stay on top of these trends so that we can provide our customers with the most current, useful and secure technology possible.

A report by Fortune Business Insights predicts that the global blockchain market will grow from $7.18 billion in 2022 to $163.83 billion by 2029. With that explosion in growth, here are some recent trends to keep your eye on as more and more blockchain solutions come to market . . .

Environmentally-Friendly Blockchains

While blockchain has brought about amazing transformation in businesses and the tech space, one of the largest obstacles for a future of blockchain is the excessive use of energy needed to run proof-of-work blockchains.

“Bitcoin uses more electricity per transaction than any other method known to mankind,” said Microsoft founder, Bill Gates, in a live-streamed Clubhouse session with CNBC’s Andrew Ross Sorkin in 2021. “And so it’s not a great climate thing.”

However, evolving trends in blockchain technology increasingly focus on developing “greener” blockchain systems. Solutions like carbon offsetting and focusing on bringing less energy-intensive proof-of-stake blockchain architectures are introducing more environmentally-friendly blockchains.

“With the rise of blockchain technology, a number of platforms have emerged that are allowing users to reduce their overall energy consumption by a huge margin,” notes a recent article in Finance Magnates. “For example, Cardano reportedly consumes only 6 GWh of power per annum, while Stellar (XLM), Iota (MIOTA), and Tron, also have extremely low power needs.”

Furthermore, one of the most popular blockchain networks, Ethereum, is moving to a proof-of-stake algorithm this month with “The Merge.” This proof-of-stake validation offers a more sustainable solution for enterprises attempting to make the jump towards greener blockchains.

Blockchain-as-a-Service (BaaS)

At the intersection of blockchain and cloud computing can now be found Blockchain as a Service (BaaS)—a service offering that allows businesses to use cloud-based solutions to develop, host and adopt their own blockchain applications, smart contracts and other relevant functions on the blockchain. Here, the cloud-based IT partner or service provider manages all the required tasks and activities to keep the distributed ledger infrastructure up and running.

BaaS allows organizations to focus on operations and key tasks, and it reduces the technical difficulties and the need to purchase expensive technology solutions. Based on the Software-as-a-Service (SaaS) model, this third-party service delivers the installation, configuration, monitoring, and maintenance of the infrastructure. Moreover, this blockchain technology trend offers the ability to take benefit of blockchain features without the need to learn difficult coding.

Companies like Amazon, IBM, Microsoft, SAP, and others have already implemented it BaaS and we will continue to see other businesses make the leap.

Metaverse and Web3

Web3 refers to the next generation of the internet that will be decentralized, open, and run on blockchain. In its current form, web2 is overwhelmingly dominated by Big Tech corporations that use, control, and monetize the personal data of its users.

The dream of web3 is to break the centralization of information and democratize the Internet more to the vision of its earliest founders. “Web3,” claims Chris Dixon from Andreesen Horowitz in an article in The Economist, “combines the decentralized, community-governed ethos of web1 with the advanced, modern functionality of web2.”

Web3 “will be based on the convergence of emerging technologies like blockchain, artificial intelligence (AI), machine learning and augmented reality,” notes Neeti Aggarwal and Dandreb Salangsang in The Asian Banker. “It will be characterized by decentralized data, a more transparent and secure environment, machine cognitive intelligence and  three-dimensional design.”

Web3 advocates claim that the technology will give users back control over their data through decentralized applications.

The metaverse is essentially described as an immersive 3D world that users can transport themselves into for work, play, and communication by using a combination of VR, AR, and other advanced technologies. Blockchain is a driving force behind many aspects of the Metaverse, including NFTs, gaming, payment methods, virtual real estate, and even identity authentication.

The idea of the metaverse is sometimes inaccurately conflated with Web3. But while it’s built on Web3, the metaverse—or metaverses, given that there are many—is about user experience and arguably about web culture as much as the tech on which it relies.

The metaverse will become a virtual world that will provide its users with unforgettable digital experiences. And built on blockchain technologies, the more popular the metaverse becomes, then the more blockchains are deployed and engaged.

At ZorroSign, we love learning the latest trends in blockchain technology so that we can continue to provide the most secure and user-friendly digital signatures platform available. Put our blockchain to the test by signing up for a free trial at https://www.zorrosign.com/new/.

Global ZorroSign
(Originally published on LinkedIn by Shamsh Hadi, CEO and Co-Founder of ZorroSign)

Last year, I shared how ZorroSign’s early roots in Dubai, UAE, helped us grow into an international company. I want to update that theme today and talk about ZorroSign’s role as a global company providing global solutions that improve data democratization, privacy, and security.

As CEO and co-founder of ZorroSign, I have dedicated my career to advancing technology while simultaneously advancing sustainability:  Ensuring the new technologies we bring to market elevate information privacy, data security, and data democratization while not coming at the expense of future generations.

At ZorroSign, we saw very early a market need to push past web2 solutions for digital signatures and digital transactions—escaping centralized information architectures that consolidate data with a provider (and expose that data to the risks of single-point-of-failure cyber-attacks) while simultaneously pulling data ownership away from users (to be housed and monetized by the web2 provider). Alternatively, ZorroSign empowers our users by deploying web3 solutions that decentralize data and ensure users will always own their documents and transaction metadata—even after their subscriptions with us end.

Dubai Start, Dubai Strong

As a long-time resident of Dubai, I was greatly inspired by the Digital City Vision—Smart Dubai of H.H. Sheikh Mohammed bin Rashid Al Maktoum. ZorroSign’s technology very purposefully supports Dubai’s paperless initiatives for Digital Dubai and helps to advance Dubai’s leadership in digital operations, specifically focused on:

  • Security—providing superior digital privacy and security by leveraging a private, permissioned blockchain technology
  • Digital Signatures—a platform that is easy-to-use and legally compliant to global standards
  • Chain of Custody—delivering immutable records of every step of every digital transaction: Authenticating users, securing data, and verifying documents for legal enforceability
  • Advancing UAE’s 10 Principles for the Next 50 Years—specifically helping Dubai to build the best and most dynamic economy in the world; defining new UAE development with digital, technical, and scientific excellence; and promoting a value system based on openness and tolerance

Initially, our company served government departments in UAE but soon grew into an international business—helping people to build, sign, store, and track mission-critical documents on the blockchain in Sri Lanka, India, and the United States.

Last year, ZorroSign was named Blockchain SaaS Innovator of the Year at the UAE Business Awards 2021, then at the turn of the year, Unlock News Desk showcased a story on UAE Based ZorroSign introducing six new features to our blockchain platform.

This spring, Tech Channel wrote a great article on ZorroSign making waves in digital signature space using blockchain technology, and TahawulTech.com interviewed me on how ZorroSign helps tackle identity theft on our now multi-chain blockchain platform.

And most recently, ZorroSign was highlighted in a Zawya article for UAE businesses and a TECHx article on ZorroSign’s mission to provide businesses across the Middle East with seamless integration of document management and secure digital signature solutions.

I am incredibly proud of our continued success in my home town, and while ZorroSign expands our global presence, the UAE and other Gulf Cooperation Council countries will be a strategic market for us.

Success in South Asia

From the start, ZorroSign has had close ties with the south Asia countries of India and Sri Lanka. While operations started in Dubai, our development center of excellence has always been in Colombo!

Our blockchain architecture was conceived, coded, and cultivated entirely in Sri Lanka with a vision to provide global customers with the ability to securely transform paper-based workflows to digital operations. I could not be prouder of our Sri Lanka team, and though they are struggling through that beautiful country’s difficult political and economic crisis, they have proven again and again the resilience and tenacity of their engineering genius.

Recently, APAC Business Headlines recognized the ZorroSign team as the “Most Innovative Blockchain Company from Sri Lanka” for 2022! The award validates the hard work of our center of excellence team, and further proves blockchain’s prominence on the global stage.

This recognition followed our 2021 success where the International Business Awards® named ZorroSign a Gold Stevie® Award Winner for Blockchain Solutions. The Stevie’s are the world’s premier business awards program, where in 2021 more than 3,700 nominations from organizations across 63 nations and territories—of all sizes and in virtually every industry—were submitted for recognition. We were delighted to be awarded a gold Stevie for our blockchain solution and to be recognized as a Company of the Year, and Most Innovative Tech Company of the Year. Most flattering, the judges were quick to note that ZorroSign is “one of the few companies that are able to use blockchain technology to solve a real business problem” . . . a strong endorsement of our digital signature technology, built on blockchain, and paired with identity-as-a-service (IDaaS) and patented fraud detection, to authenticate users and verify documents across digital transactions.

Tackling North American Markets

As a U.S. citizen who has lived in Canada, China, and the UAE at various times over the past forty years, my goal was always to return home and bring ZorroSign’s blockchain solutions to North American users.

In August 2020, we opened our global operations hub in Phoenix, Arizona—ushering in a new phase of business growth. We quickly established local partnerships with Arizona State University, Grand Canyon State University, the Arizona Commerce Authority, Arizona Technology Council, City of Phoenix, Global Chamber®, the Greater Phoenix Economic Council, and many other incredible organizations!

And we’ve engaged government agencies, financial services providers, IT businesses (and departments), legal services firms, real estate companies, and several other verticals to prove the value of a paperless life and the most private, secure, compliant digital transactions hosted on blockchain. Early adopters of our web3 solutions are excited to embrace ZorroSign’s robust platform to advance their digital operations and gain a competitive advantage in a market place still dominated by legacy, web2 technologies.

Global Privacy and Security Compliance

Our unique combination of blockchain architecture, web3 technologies, artificial intelligence/machine learning, and patented fraud prevention grants ZorroSign compliance across many international standards for privacy and security.

The list continues to grow as we expand our markets, but already includes:

  • Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA)
  • Canada’s Uniform Electronic Commerce Act (UECA)
  • The European Union’s Data Protection Regulation (GDPR) for data privacy and security
  • EU’s electronic IDentification, Authentication and trust Services (eIDAS) regulation
  • India’s Information Technology Act 2000 (IT Act of India)
  • International Standard on Assurance Engagements (ISAE) No. 3402, Type II audited
  • International Organization for Standardization (ISO) 27001 certified
  • PDF Advanced Electronic Signatures (PAdES) is a set of restrictions and extensions to PDF and ISO 32000-1
  • The UAE’s Federal Law No. 1 of 2006 regarding Electronic Transactions and E-Commerce granting electronic signatures legal force and effect
  • The American Institute of Certified Public Accountants (AICPA) SOC 2 Type I audit
  • USA’s California Consumer Privacy Act (CCPA)
  • USA’s Department of Commerce’s National Institute of Standards and Technology (NIST) encryption standards
  • USA’s Digital Millennium Copyright Act (DMCA)
  • USA’s Electronic Signatures in Global and National Commerce Act (E-Sign Act)
  • USA’s FDA Title 21 of the Code of Federal Regulations; Electronic Records; Electronic Signatures
  • USA’s Health Insurance Portability and Accountability Act (HIPAA)
  • USA’s Uniform Electronic Transactions Act (UETA)

I am proud of all ZorroSign has achieved for our international customers and incredibly excited about some big announcements later this summer! ZorroSign is truly a global company delivering global solutions, and we are not resting on our laurels—the best is yet to come.

Contact us to learn more . . . or start your free trial to put our digital signature software to the test!

questions and answers

We are proud of our multi-chain blockchain platform at ZorroSign—delivering digital signatures paired with identity-as-a-service (IDaaS) technologies, a patented fraud prevention solution, AI/ML-driven form completion, and customizable workflows to ensure the highest privacy, security, and compliance for your digital transactions!

But while we live-and-breathe digital signatures, you might still be learning how digital signatures work and what benefits they might bring to your organization.  We can help! 

Below find some common questions we hear about digital signatures and short answers to get you started . . .

  1. 1. Are digital signatures legally accepted/enforceable like paper-based signatures?

Yes!  Back in 2000, the U.S. passed the Electronic Signatures in Global and National Commerce (ESIGN) Act along with the Uniform Electronic Transactions Act (UETA) granting electronic signatures the full strength and legality of paper-based “wet” signatures.  As such, digital signatures are valid in all 50 U.S. states, plus most countries around the world.

Beyond the United States, Australia’s Electronic Transactions Act, Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA), China’s 2004 Electronic Signature Law, the European Union’s Directive 199/93/EC, India’s Information Technology (IT) Act 2000, Japan’s Law Concerning Electronic Signatures and Certification Services, New Zealand’s Electronic Transactions Act, the UAE’s Federal Law No. 1 of 2006 regarding Electronic Transactions and E-Commerce, the United Kingdom’s Electronic Communications Act and subsequent Electronic Signatures Regulation 2002, all regulate and support the legal enforceability of digital signatures around the world.

  1. 2. Why do companies, governments, or other organizations typically switch from paper-based to digital signatures?

Public and private organizations move to digital signatures for many different reasons, for example:

  • Some switch to save the costs of paper-based document printing, copying, couriering, and storage
  • Some switch to speed transaction workflows, document signing ceremonies, and execution of legal agreements
  • Some seek to improve regulatory/quality compliance with the digital management of transaction and personal information
  • Some want to improve the privacy and security of documents and transactions through digital encryption and security protocols
  • Some aspire to improve customer/constituent experiences with digital and mobile operations
  • Some are looking for the competitive advantage digital operations bring with all these benefits

Why are you considering the move to digital signatures?

  1. 3. With digital signatures, how do we know the person signing is really who they say/are supposed to be?

While some digital signature platforms grant access via simple username and password, the industry standard is two-factor authentication and rapidly evolving to MFA with password-less logins.

With ZorroSign, we’ve integrated identity-as-a-service (IDaaS) technologies to verify users, for example:

  • ZorroSign technology leverages the biometric capabilities of hardware endpoints to verify user identities.
  • ZorroSign is the first to adopt password-less login amongst our digital signature competitors.
  • ZorroSign MFA provides maximum security, as before a user can sign a document, our platform can validate multiple dimensions of authentication based on the transaction security needs, such as:
    • What you know (i.e., your ZorroSign login password),
    • What you have (e.g., your laptop or mobile device),
    • Who you are (e.g., biometrics such as fingerprints or eye iris on the device securing who can access it), etc.
    • Additionally, ZorroSign users can optionally use our dynamic knowledge-based authentication (KBA) feature—provided by LexisNexis—which requires the knowledge of confidential information of the individual to prove that the person providing identity information is the actual person.

These technologies secure the endpoints of our private, permissioned Hyperledger Fabric blockchain architecture where only approved nodes (endpoints) are allowed to access our distributed ledger system.

  1. 4. How Does ZorroSign Use Blockchain and Web3 Technologies for Digital Signatures?

ZorroSign is the first company that offers a multi-blockchain platform to secure, track, and manage your digital signatures, transactions, and documentation!

Since 2000, several technologies have come to market to deliver digital signatures, but when a distributed ledger technology—or DLT, such as blockchain—is used for digital signatures, signers gain the unique advantages of:

  • Privacy — with a private blockchain, only participants to the transaction can see details of the transaction, and those participants share equal access to such details
  • Immutability — all records and changes are tracked and cannot be changed, providing important chain-of-custody audit capabilities for courts
  • Security — all records are individually encrypted and distributed for better protection from phishing and ransomware attacks

ZorroSign was built from the ground up on Hyperledger Fabric to deliver digital signatures with the superior privacy and security of blockchain.

And we recently announced a partnership with Provence Blockchain to add their DLT to our architecture as well, effectively becoming a multi-chain blockchain platform.

Assuming contracts are critical to your business or organization, then a secure, reliable solution for contract lifecycle management (CLM) is imperative and blockchain supports CLM in amazing ways.

Strong CLM solutions must include visibility (a dashboard or overview of where individual contracts are in the life cycle), integration with communications and storage systems, automation (as few contracts start from scratch—most are iterations of previously created agreements), and of course change tracking to readily see how contracts changed during negotiations and what final version was executed by all parties.

With our blockchain architecture, ZorroSign’s platform unites and uniquely delivers:

  • Digital signatures via Z-Sign to quickly execute legally binding contracts
  • Patented Z-Forensics token to prevent fraud and tampering
  • Z-Flow workflow automation to quickly build templates and approval chains
  • Z-Fill leveraging ZorroSign’s artificially intelligent, machine-learning engine
  • Z-Verify to know exactly who signed what and when, with full validation of every document’s authenticity and immutability
  • Z-Vault to securely store contract and transaction records immutably on blockchain

ZorroSign’s platform can be accessed via PCs and mobile devices, allowing your legal department, operations and procurement teams, and sales teams to efficiently generate, negotiate, communicate, and sign agreements. And with our Z-Vault, contracts reside on an immutable document management system (DMS) where they can be saved, searched for, and managed easily from a single, intuitive user interface.

  1. 5. How Do Digital Signatures Meet International Privacy and Security Compliance?

At ZorroSign, we are proud to make the security and privacy of our customers’ data our top focus. 

Our unique combination of security architecture and data privacy functionality grants ZorroSign compliance across international standards for privacy and security, including but not limited to:

  • Canada:  The Personal Information Protection and Electronic Documents Act (PIPEDA)
  • Canada:  The Uniform Electronic Commerce Act (UECA)
  • EU:  Data Protection Regulation (GDPR) for data privacy and security
  • EU:  The electronic IDentification, Authentication and trust Services (eIDAS) regulation
  • India:  The Information Technology Act 2000 (IT Act of India)
  • International Standard on Assurance Engagements (ISAE) No. 3402, Type II audited
  • International Organization for Standardization (ISO) 27001 certified
  • PDF Advanced Electronic Signatures (PAdES) is a set of restrictions and extensions to PDF and ISO 32000-1
  • UAE:  Federal Law No. 1 of 2006 regarding Electronic Transactions and E-Commerce granting electronic signatures legal force and effect
  • USA:  American Institute of Certified Public Accountants (AICPA) SOC 2 Type I audit
  • USA:  California Consumer Privacy Act (CCPA)
  • USA:  Department of Commerce’s National Institute of Standards and Technology (NIST) encryption standards
  • USA:  The Digital Millennium Copyright Act (DMCA)
  • USA:  The Electronic Signatures in Global and National Commerce Act (E-Sign Act)
  • USA:  FDA Title 21 of the Code of Federal Regulations; Electronic Records; Electronic Signatures
  • USA:  The Health Insurance Portability and Accountability Act (HIPAA)
  • USA:  The Uniform Electronic Transactions Act (UETA)

We invite you to request a copy of our ZorroSign Security Brief for details on our private blockchain architecture, document storage and protection, and platform security measures.

  1. 6. How much does it cost to try digital signature software and learn if it’s right for me?

ZorroSign offers a free 14-day trial license to test out our features, securely sign digital documents, build templates and approval workflows, and store your transaction data on blockchain. 

No credit card required, visit our Free Trial page to get started!

World Environment Day

This upcoming Sunday, June 5th, is World Environment Day and the theme for this year is “Only One Earth” with a focus on “living sustainably in harmony with nature.”

Prioritizing sustainability is a key value at ZorroSign, and today we are going to give you some tips and tricks on how to incorporate sustainable practices in advance of World Environment Day!

Conserve Water

Here are a few important facts about the water on our planet from the U.S. Department of Interior’s Bureau of Reclamation:

  • 97% of all water on the earth is salt water, which is not suitable for drinking.
  • Only 3% of water on Earth is fresh water, and only 0.5% is available for drinking.
  • The other 2.5% of fresh water is locked in ice caps, glaciers, the atmosphere, soil, or under the earth’s surface, or is too polluted for consumption.

So how does conserving water help with sustainability?

Reducing our water use/consumption reduces the energy required to process and deliver it to homes, businesses, and communities, which then helps to reduce your carbon footprint.

Grow Your Own Food

Consumers throw away $1600 of produce per year, and according to a study from the Council of Environmental Health about food additives and children’s health.

Growing your own food allows for alternative options for purchasing your food from a grocery store. Why is this significant? When you buy your food solely from grocery stores, you have to take into account that these foods sometimes travel thousands of miles before ever being consumed. This impacts not only the freshness and flavor of the food, but also adds carbon emissions and waste associated with air freight and other transportation methods into our atmosphere.

By growing your own food, you are taking a small step in helping reduce the high amounts of burning fossil fuels that are expelled into our environment as a result from importing foods from commercial farmers. You also are reducing waste from the food packaging materials such as man-made plastics and cardboard, that make the long supply-chain trip. And as an extra bonus, the food you grow will be fresher!

Growing food from your home is easier thank you think! Here are some great options for growing food from your kitchen or backyard:

  • Onions
  • Garlic
  • Celery
  • Tomatoes
  • Peppers
  • Herbs (such as cilantro, basil, rosemary, oregano)

Go Paperless with ZorroSign

ZorroSign is committed to having a positive impact on the environment through sustainable practices. Switching from doing business using paper to digital is not only a smart business decision but it is also good for the environment.

Office paper waste is estimated to be around 12.1 trillion sheets of paper a year, with paper accounting for 50% of waste from businesses.

However, each time you use ZorroSign to digitally transact instead of printing, faxing, scanning, and shipping documents to collect signatures, you save trees and water . . . plus reduce carbon emissions while your business saves time and money!

To further live a paperless life, ZorroSign encourages all businesses to go digital and save trees. Our Save a Tree – Plant a Tree program is ZorroSign’s effort to do our part to help the environment: For every 8,000 pages of paper you save by using ZorroSign, we plant a tree on your behalf—that’s saving an existing tree and planting a new tree by going paperless with ZorroSign’s multi-chain blockchain platform.

To learn more about ZorroSign’s commitment to sustainability and environment conservation, and how we deliver greater privacy and security for digital signatures and documents, contact us today or sign up for our free trial!

Sustainable technology
Originally published by Shamsh Hadi on LinkedIn

In an earlier article, I briefly introduced sustainability in advancing technology—specifically urging innovators to be aware of the impact of their new technologies on the environment and human sustainability.

In advance of Earth Day 2022, I reiterate that while it is easy to laud the potential of new technologies, we must also be wary of their effects on the environment . . . specifically the depletion of natural resources which may disrupt ecological balance. This is not to say innovation must be stymied, but that the true price of innovation must be measured in more than purely economic terms.

Defining Sustainability for Business

My quick definition of sustainability—from the Brundtland Report, drafted by the World Commission on Environment and Development (WCED) in 1987—is simply “meeting the needs of the present without compromising the ability of future generations to meet their needs.”

Bigger picture, the idea of sustainability is “often broken down into three pillars: economic, environmental, and social—also known informally as profits, planet, and people.” For me, new technologies tend to span all three: Driven by economic goals, but often extracting environmental and social costs.

For example, it has been a long-running criticism of bitcoin that the proof-of-work data mining required to produce coins consumes an astonishing amount of electricity. With many public blockchains used for cryptocurrencies, mining coins requires complicated mathematical processing on high-end graphic processing units (GPUs), consuming energy both for calculation processing and cooling those GPUs down under heavy load.

“Scientists from the University of Cambridge Judge Business School recently built an interactive analysis tool to calculate the real energy cost of bitcoin cryptocurrency,” explains Caroline Delbert in Popular Mechanics. “Using their energy use model, the researchers found that bitcoin mining uses more energy each year (130.00 terawatt-hours [TWh]) than the entire country of Argentina (125.03 TWh).”

Another example might emphasize social sustainability. “Social sustainability is about identifying and managing business impacts, both positive and negative, on people,” notes UN Global Compact.

Recall how Facebook’s social network technologies were taken to task by The Social Dilemma—a documentary highlighting the dangerous impact of social networking, which represents a sustainability challenge to human societies.

The film shows that while social networks’ cost is not environmental per se, social media’s “design nurtures an addiction, manipulates people’s views, emotions, and behavior, and spreads conspiracy theories and disinformation . . . [plus an] effect on mental health (including the mental health of adolescents and rising teen suicide rates).” Such social costs put existing social media in direct conflict with sustainable practices.

Balancing Innovation and Sustainability

So how can innovators build and create without jeopardizing the “ability of future generations to meet their needs”?

Such effort requires vision beyond immediate solutions and an eye for real-world consequences . . . even those completely unintended or unexpected in the deployment and adoption of new technology.

“The Industrial Revolution brought forth extraordinary gains in financial prosperity. Between 1870 and 1910, per capita income in the United States rose almost 40 percent, and the value of manufacturing output increased sevenfold. Yet rapid industrialization left in its wake darkened noontime skies, noisy and unsafe machinery, and severely compromised living conditions,” write David Austin and Molly K. Macauley in a classic article from Brookings. “Technology is a double-edged sword—one capable both of doing and undoing damage to environmental quality.”

“Technology has the ability to significantly impact the United Nations Sustainable Development Goals,” says Jeff Fromm in a Forbes article on sustainability and innovation. “As well as improve work/life balance, enable commerce and so much more.”

Here, environmental technologies have a chance to remedy the historical efforts of Industrial Revolution technologies that brought pollution and ecological disruption, as well as massively depleting natural resources.

“We are currently living in a period of rapid change, where technological developments are revolutionizing the way we live, at the same time as leading us further into the depths of catastrophe in the form of climate change and resource scarcity,” adds a great piece by Edinburgh Sensors. “While the impact of technology on the environment has been highly negative, the concept of environmental technology could save our planet from the harm that has been done.”

Even those technologies that simply avert environmental damage, without perhaps directly rebuilding or restoring natural resources, can have a tremendously positive effect on sustainability.

ZorroSign’s Example

Circling back to my company, ZorroSign’s platform was originally built on private, permissioned Hyperledger Fabric.

Starting with this economic pillar, we constructed a blockchain platform unlike bitcoin and the proof-of-work cryptocurrency models, instead leveraging Hyperledger Fabric as a next-generation enterprise blockchain architecture with lower electricity costs and a smaller carbon footprint. Hyperledger Fabric is a next-generation enterprise blockchain architecture “with even lower electricity costs and attendant carbon footprints,” writes Michael Barnard in a CleanTechnica report.

Hyperledger Fabric’s architecture is so completely different from the mining and broadly distributed model of bitcoin, that the enterprise blockchain can operate faster with far, far lower energy consumption rates. This combination of speed and energy-efficiency made Hyperledger Fabric the sustainable choice to launch ZorroSign’s digital platform.

For the environmental pillar, ZorroSign’s vision includes a commitment to saving trees and having a positive impact on the environment through sustainable practices. With our Save-a-Tree, Plant-a-Tree program, ZorroSign plants a tree on behalf of our customers every time they save 8,000 pages of copy paper! As one tree produces roughly 8,000 pages of copy paper, this amounts to a double incentive:  Reducing the destruction of trees via reduced paper use and increasing the number of trees as reward for reducing paper use. Again, our efforts aspire to realize significant environmental benefits such as conserving water, reducing carbon emissions, improving air quality, and reducing deforestation.

At ZorroSign, we use blockchain to help individuals, businesses, and governments to achieve a paperless life. Here we embrace the social pillar: Understanding that switching to digital records is not only a smart business decision, but it is also good for the environment and society.

Every time someone uses ZorroSign to digitally sign agreements, contracts, and other documents—instead of printing, faxing, scanning, and couriering documents to collect signatures—we all save trees, save water, and reduce carbon emissions. By moving social costs from paper consumption, logistics, and storage to digital signatures, digital archiving, and digital chains-of-custody, we advance a technology that similarly advances sustainability.

I am eager to engage technology innovators in advancing their solutions while also advancing sustainability goals!  Connect with me on LinkedIn at https://www.linkedin.com/in/shamsh-hadi/

March 21, 2022, marked the 10th anniversary of International Day of Forests. This day calls attention to the importance of practicing sustainability in both your business and your personal life. Often people have a desire to live a more sustainable life, but do not know where to start . . .  

Here are four ways you can practice sustainability in your day-to-day life!

Recycle & Reuse

One ready way to practice sustainability is to make a real effort to recycle and reuse. Did you know each ton of recycled paper saves an estimated 17 trees and 3.3 cubic yards of land space? Every small and large contribution that you make counts!

You’ve most likely heard the phrase “Reduce, reuse, recycle” your whole life, but how do you actively turn a nice-sounding phrase into a habit?

  • Try to reuse products and items as many times as possible before binning them to reduce waste. Check out this list of household items that you would normally throw away, but you can reuse!
  • Avoid thin plastic packaging, as it’s usually non-recyclable. Instead go for reusable glass or thick plastic.
  • Instead of using plastic bags, bring reusable bags and Tupperware when going shopping or packing food or leftovers.
  • Buy products in bulk. Purchasing goods in large amounts means less packaging and even less cost per amount.
  • Utilizing trash removal and recycling services can also help you to manage waste effectively

Monitor Energy Use

Another great way to be sustainable is monitoring your energy use. By using less energy, you can help to reduce carbon emissions. There are a number of ways you can save energy at home, and most of them are practices that take no extra effort on your part.

Here are a few ways to do it:

  • Turn off the lights when you’re not in the room; use natural light instead of turning the lights on as much as you can.
  • Turn off appliances that you’re not currently using.
  • Dry your clothes outside instead of using the drying machine.
  • Save money with solar energy

Save Water

It is a fact that 70% of the Earth is covered with water, only one percent of it is available for human consumption. Conserving water is important because it keeps our water clean while protecting the environment.

Here are some effective and easy ways to cut back on your water footprint and save some money in the process:

  • Turn off the faucet while brushing your teeth
  • Wash dishes in the sink instead of under running water
  • Only run the washing machine and dishwasher when you have a full load
  • Check your kitchen pipes and dishwater hose for slow leaks

Go Paperless with ZorroSign

ZorroSign is committed to having a positive impact on the environment through sustainable practices. Switching from doing business using paper to digital is not only a smart business decision but it is also good for the environment.

Office paper waste is estimated to be around 12.1 trillion sheets of paper a year, with paper accounting for 50% of waste from businesses.

However, each time you use ZorroSign to digitally transact instead of printing, faxing, scanning, and shipping documents to collect signatures, you save trees and water . . . plus reduce carbon emissions while your business saves time and money!

To further the cause of Paperless Life, ZorroSign encourages all businesses to go digital and save trees. Our Save a Tree – Plant a Tree program is ZorroSign’s effort to do our part to help the environment. For every 8,000 pages of paper you save by using ZorroSign, we plant a tree on your behalf—that’s saving an existing tree and planting a new tree by going paperless with ZorroSign.

To learn more about ZorroSign’s commitment to sustainability and environment conservation, and how we deliver greater privacy and security for digital signatures and documents, contact us today!