Each part of every system must be secure and invulnerable to make it generally work consistently and smoothly. In digital systems like FCE Platform, each item is regularly checked and re-checked. Verification and control apply to all accounts and records: they must be verified.
Digital Notaries Make Information Trusted
Verification is a validation of the data. Companies need to verify their data to increase brand protection and customer loyalty. FCE Platform has special accounts of Verifiers that act as digital notaries. Verifiers are trustees that have access to tools to verify information. Every company account, company employee, and documents they download must be authentic: FCE Verifiers checks the authenticity of the data and mark the accounts as verified at the blockchain.
Verification works for the correct accountability and confidence in the validity of the companies’ data. The data becomes trustworthy for both the companies themselves and everyone who collaborates with them.
The FCE Platform
user will be able to conduct transactions, enter contracts, and initiate product tracking only when their account is verified. Due to verification, each transaction between FCE users is legal, the participants of the transactions are known, and information about the tracked products is provided by the responsible user. On FCE Platform, the manufacturer can be completely open or hide some parts or all the information. In any case, the Verifier will be able to see and confirm the information.
Even when the basic account information can be hidden from all users, the verification mark means that the account can be trusted. All his documents and information are reliable, even if they are hidden.
Legal and Transparent Document Flow at the Same Time
User verification and documentation makes working with FCE Platform official and legal. The transparent work of the company requires combining technological traceability and documentary accountability. The document flow in the company can also be transferred into digital space. These are not just copying of ordinary documents in the digital version: it is a whole system that allows you to plan, monitor, and track the document flow within the company. All reports, invoices, and certificates are verified, interlinked, and available to authorized users. These can only be certain employees of the company with the right of access, or a certain scope of users, including partners and customers of the company.
The blockchain-backed document flow provided by FCE Platform is a guarantee of the genuineness of the uploaded documents. Each document change is displayed in the system and requires additional verification. The smallest change in the document, will be re-verified, whoever made it. No small print will complicate transactions, no changes made after the contracts will go unnoticed, and no forged certificate can be verified and provided to the buyer instead of the real documents.
We Build the Internet of Trustworthy Data (IoTD)
Verification provides the legal transparency and trustworthiness of the information. Providing the company with such a strong information system brings benefits:
- to the owners of the company, who preserve their reputation and want to be sure of the genuineness of their goods;
- to the end consumers who have reliable information about the product;
- to employees who maintain large amounts of documentation and need to make paperwork more manageable;
- to partner companies that can better plan transactions and deliveries in accordance with the internal work of the partner company.
The network of partner companies that join FCE Platform becomes the Internet of Trustworthy Data (IoTD). Blockchain-guaranteed information security transforms the company's business model into Industry 4.0
, - open, secure, and trusted. We invite companies to share their experiences and try new ways of digitization
that provide technological traceability and manageability to paperwork and supply chains.
If you do not want to go into the digital age alone, but to enjoy the experiences and advice of other entrepreneurs, join the Initiative