How is the issue of identity theft solved by blockchain technology?
In the digitization world, the requirement for managing & securing valuable documents is becoming very crucial. Day by day, the generation of vast amounts of digital artefacts such as health records, property registration records, educational certificates, employee service records etc have increased. The inefficiency of the manual & paperwork is hugely felt across various organisations. Document security is something everyone should think about but data stored in the blockchain can be extremely beneficial. Let us read about the blockchain document security process. Issues faced while managing documents: Loads of documents are tackled by employees & processed, some on paper and mostly in digital formats. Documents like contacts, invoices, payroll delivery notes, purchase receipts, payment receipts, reports and so on. It is not at all easy to make a list of all these documents. The document flows are the biggest headache and arduous job for most organisations