Samsung SDS Launches Blockchain 'Paperless' Service to Solve Document Forgery Issues

Samsung SDS announced on the 8th that it will launch a 'Paperless' service that solves document tampering issues using blockchain technology.

Paperless is a service that securely manages various documents susceptible to tampering, such as contracts, consent forms, and certificates, by utilizing blockchain technology. It can be used in various fields requiring proof documents and voting, among others.

Samsung SDS applied off-chain technology that encrypts and stores large documents or sensitive personal information data on a separate server, recording only the hash value (an encrypted numerical summary of the file characteristics) of the document or data on the blockchain. This prevents blockchain speed degradation caused by large documents. It also enables management of documents that need to be stored by certain institutions and then discarded. The company explained that all histories such as document creation, modification, and disposal are recorded in real-time on the blockchain, ensuring data reliability and transparency.

Users can utilize various contracts, certifications, and voting by linking the Paperless standard functions (API) provided by Samsung SDS without the need to build a separate system. It is available on the Samsung SDS website. Samsung SDS is applying the Paperless service to employee salary contracts, internal voting, certificate management, and more.

Hong Hyejin, head of the DT Platform Promotion Team at Samsung SDS, said, "Starting with the Paperless service, we will provide new value to customers through various cloud-based blockchain services such as identity verification and payment."

This content was produced with the assistance of AI translation services.