New AI and blockchain prevents fraud through cross-country electronic document security

Borderless Security has announced the availability of FilesDNA, an advanced e-signature solution that lends the integration of the company’s custom security protocols into a new offering for digital management of files and contracts being shared globally.

FilesDNA leverages blockchain technology to create a safe, secure and convenient solution for signing paperwork, contracts and legally binding documents. Driven by AI and ML integration, FilesDNA provides a user-friendly process for ID verification of every signed user, to eliminate fraudulent activities via blockchain integrity. It also utilises a voice recognition system that captures the unique parameters of a user’s voice to provide an additional layer of security, to protect their identity and e-signature.

By including cyber security software, FilesDNA offers a number of extra levels of verification of signatories to empower users worldwide with full control over their documents and assurance against fraud, which is essential for cross-country business and securing operational channels. 

Thanks to FilesDNA verifying every step of the document signing process from authorised business personnel and contractor IDs to buyers and sellers, it protects electronic documents that require both digital and electronic signatures, using the application of artificial intelligence. This innovative cutting-edge technology helps prevent fraud, forgery and other criminal behaviour when sharing sensitive information and important documents.

Providing a secured and easy to use platform, FilesDNA is optimized for speed and convenience. Users can access documents from multiple devices, and sign them online and on the go. This easy to use electronic signature software was designed to help businesses and individuals work more effectively but most importantly helps create a secure digital world. At the same time, the company behind FilesDNA aims to reduce environmental impact as, by using E-Signature rather than paper for contracts, FilesDNA would save around 2 billion trees per year, currently being used for office paper production.

Mo Sahib, CEO of Borderless Security and FilesDNA, commented: “Using cloud-based technology, blockchain technology and cryptographic methods, our free e-signature software ensures that each and every document you sign is an authentic, transparent document that hasn’t been altered after being signed. With multiple layers of security, from machine learning in our Smart Signature Pad to ID and fingerprint verification, we go the extra mile to ensure all your documents are safe and sound.

“Now, with FilesDNA, users can verify the identity of anyone, anywhere in the world behind a computer, just as if the person is sitting next to you. Not only is our software highly secure, but it is also easy to use, time-saving and convenient. We encourage businesses and individuals alike to make the seamless switch from paper to pixel with FilesDNA.”

Although there are a number of alternative e-signature software and digital file management solutions already active in the market, FilesDNA differentiates itself from competitors, thanks to key features including:

  • Blockchain integration: for maximum security, FilesDNA’s online document signing services use the Ethereum blockchain, similar to what protects cryptocurrency, to encrypt the hash value for each e-document. So, users can verify the integrity of each signature, making it a bulletproof defence against forgery.
  • AI, ML and the Smart Signature Pad: users can sign documents via a wireless pen for improved accuracy. This enables users to input their own signature, but it also makes forgery difficult as FilesDNA employs artificial intelligence and machine learning technology to learn and secure signatures, thanks to the signature pad being able to identify the features of users’ individual penmanship. If someone attempts to forge the user’s signature, the Smart Signature Pad detects that and alerts users to the signature being invalid, while rejecting forged and invalid signatures.
  • Voice recognition system: As an extra layer of security, FilesDNA can capture the unique parameter of a person’s voice to protect their identity and e-signature.
  • NFC TAG signatures: adding another layer of security to work with two-factor authentication, users can sign documents using their own unique Near-Field Communication (NFC) TAG, as the NFC linked to their account cannot be accessed, signed and edited by anyone but the individual.
  • User verification: FilesDNA offers a wide variety of security features suitable for any company. Alongside its voice recognition system, it also has fingerprint identification, so users can sign documents using their individual fingerprint, AI fraud prevention, passport and ID verification, so users can scan their passport to prove their identity. These combined with the best encryption methods at their disposal means that FilesDNA can ensure documents remain safe.
  • Multiple Language OCR: Optical character recognition allows FilesDNA’s systems to detect text, whether that be typed or handwritten, allowing users to easily search for key terms and essential information. As a multilingual program complete with translation features, it is an excellent facilitator for global business collaboration.
  • PDF security features: prevents PDFs from being edited, tampered with, duplicated, or otherwise compromised.
  • PKI: PKI systems maintain a unique digital signature for each user. Private Key Infrastructure ensures the validity of each document.
  • FilesDNA Mobile App: Platform cross-compatibility is becoming essential in the workplace for effective and efficient document sharing and collaboration. This is why FilesDNA developed a mobile application to view, manage and even sign documents no matter where users are located globally.
  • Document Scanning Solution: this enables users to scan files directly from their mobile phone with professional quality results. They can then crop, rotate, and edit as required before converting the document to a PDF ready to be saved. 

Mo concluded: “There was previously no solution to bond e-signature with the real physical person, which is why we created FilesDNA. It is the only solution today that does just that. Our electronic signature tool and document management system has been designed with innovation at its core. We utilise a number of cutting-edge techniques and emerging technologies to enhance the customer experience, such as blockchain integrity, machine learning, and NFC compatibility.”

Startup Details

Startup Details

TOTAL FUNDING AMOUNT
CB RANK (COMPANY)

Borderless Security

Borderless Security is a custom Network, Security and development services firm based in United Kingdom. We have extensive experience in many diverse areas of Network, Security and software development. Our experienced staff of professionals has worked with a wide array of Vendors, platforms, languages, and tools in the course of our various projects.

  • Headquarters Regions
    Manchester
  • Founded Date
    2012
  • Founders
    Leon Peperkamp
  • Operating Status
    Active
  • Number of Employees
    2-10