With an ever digitalizing world it is of utmost importance to be able to authenticate data. In our modern world this is done via centralized notaries, whether digital or non-digital, centralized parties show their weaknesses. In the very aspect of data authenticity these weaknesses lay in efficiency, scalability and most importantly, trust.
With the advent of blockchain technology many industries are soon to be decentralized, digitalized and revolutionized. When it comes to data authenticity – Signature Chain (SIGN) on the Waves Blockchain is prepared. With an array of features like Data Certification, E-Mail Certification, Mutual Agreements and much more, this blockchain has every advantage over traditional notaries.
Efficient, trustless and scalable. These are just few of many advantages being sprouted across to mainstream media in regards to blockchain applications. SIGN is no exception in this field, with exceptional efficiency and being completely decentralized, this is a go-to option for early adopters.
SIGN is truly a blockchain application ready to replace traditional notaries. It is able to perform everything a centralized notary can, except more efficient, without labour and above all, without trust. Few of many use-cases are diploma’s, intellectual property, medical certificates, real estate and the list goes on..
With the mainnet (sign-web.app) being released a mere two weeks ago, the application is already seeing its first steps into adoption with the digital artist Joey Gates certifying his artwork on the SIGN Blockchain. Along with John Nguyen certifying his e-book “Blockchain in the age of decentralization”.
Due to the concurrent lack of adoption in the blockchain industry, SIGN has opted to make side projects for their use-cases. One example of this is SIGN Art, a soon to be released side project from SIGN wherein digital artists can show off their portfolio, trade NFT’s and most importantly, certify their art. SIGN Art is expected to launch in Q2 of 2020 according to the SIGN Roadmap. Another side project that has been announced is SIGN Diploma’s, an application where educational institutions can easily certify any degrees. SIGN Diploma’s is planned for release after SIGN Art.
One of the advantages a decentralized application also has is anonymity, there is no need to leave your personal data with a centralized party, therefor some adoption isn’t quite visible, however due to SIGN recently listing at dapp.review (https://dapp.review/dapp/12256/Signature-Chain), people can easily track volume inside the application itself.
The more blockchain integrates into daily life, the more demand it gets. Use-cases for blockchain are revolutionary, therefor it is no wonder people call it the “Web 3.0 Revolution”. It truly is an internet revolution, and Signature Chain is ready to be a part of it.