Back to Newsroom
Back to Newsroom

Moore Cayman Launches an Audit Verification Service Powered by Sign-Web.App, the Document Certification Tool by Signature Chain

Tuesday, July 6, 2021 2:20 PM

Accountancy firm specialised in providing audit services to investment funds and the digital asset industry. Their clients includes nearly 200 cryptocurrency-focused funds. Among Moore Cayman's clients, BR CAPITAL, Gluwa Capital, Hamilton Investment Management, Lantern Ventures, Lima Capital LLC, Nalu Capital, Satoshi Holdings and Warp Capital signed up for the service.

HONG KONG / ACCESSWIRE / July 6, 2021 / Signature Chain allows recipients of audited financial statements to independently verify they are valid original copies signed by the accountancy firm via Sign-web.App. In this first use case for an audit firm, the original issuer can record a secure hash algorithm of the audited financial statements of clients, that use this service, to a public blockchain. All recipients of the audit documents can then use the free privacy-preserving application (Sign-Web.App) to automatically check if their copy matches the original. This can be done in a few easy steps using Sign-web.App, which will prove whether the audit documents are original and signed by the firm.

Digital Chain Limited, Tuesday, July 6, 2021, Press release picture

According to Moore Cayman: "The real-time verification process avoids any need for time-consuming and costly manual checks or reliance on a third-party providing copies of audited financial statements; all recipients can instantly verify the authenticity of the documents for themselves through a single transparent public record on a secure blockchain. Throughout the process no confidential information is revealed because only the privacy preserving ‘fingerprint' or hash of financial statements signed by Moore Cayman is appended to the public blockchain."

David Walker, managing partner of Moore Cayman, says in HedgeWeek: "A significant number of our clients have already signed up to use this innovative and complementary service, which is not currently offered by our competitors, and as we approach 200 clients in the digital asset space, we feel this is a natural extension of our service in offering to sign not only with a physical signature but from an identifiable and declared blockchain address. We believe there will be increased interest in such services going forward."

Sign-Web.app can certify any original documents and record it through an hash within the Waves blockchain. This is a low cost (0.5 USD per certification) but robust tool that is seeing more and more interest in a very diversified range of industries. This is as well the certification tool that recorded the NFT who received the highest realized bid (USD 1 Million) outside of Ethereum. Visit www.signature-chain.com to learn more.

Press contact:

Michael, [email protected]
+852 8191 2499

SOURCE: Digital Chain Limited

Topic:
Company Update
Back to newsroom
Back to Newsroom