docStribute adds its solution for immutable file sharing within Mia‑Platform Marketplace

London, 29 November 2022 -docStribute, the smart solution that allows immutable file sharing for regulated industries using distributed ledger technology, is now available within Mia-Platform Marketplace.

London-based RegTech startup docStribute has joined the Mia-Platform Partner Network. Effective immediately, docStribute solutions for immutable file sharing enabled by distributed ledger technology will be available to businesses on the Mia-Platform Marketplace.

docStribute provides communication solutions for regulated industries through immutable file sharing. The flagship product is a means through which financial institutions can send regulated or mandatory documents to their customers, for example, in an environmentally conscious, compliant and secure way.

docStribute uses a distributed ledger application that utilises a decentralised public network known as hashgraph, a secure, shared database that everyone can read from and write to, and a faster, more secure alternative to blockchain. docStribute provides a secure document distribution (dSend).

Through dSend, secure links can be sent in the body of emails that direct the recipient to an immutable digital version of the document in their web browser, which can then be downloaded if requested. docStribute has been striving to help businesses in various sectors streamline working practices while ensuring that they are meeting regulation requirements.

Regulated industries such as the financial sector often have to exchange documents using physical format. dSend makes the document exchange process easier by allowing even the strictest organizations to leverage digital documents through immutable documents.

Some of the key use cases for immutable digital file sharing are related to:

• Storage and sharing of documents in Digital Onboarding processes: for the registration contracts’ terms & conditions in different industries such as Banking, Insurance, Utility, Energy, for the opening or closing of a contract, for the validation of a new contract in case of an up-selling / cross-selling, for reimburse management, for the signature of compliance documents and so on;
• Open Banking: for the storage and sharing of documents with the customer’s consent on the collection of sensitive data on all new open banking processes;
• Digital Payments: for the archiving and sharing of digital payment receipt invoices;
• Current Account / Personal Loans: for the distribution and saving of documents in loan processes, or confidential documents for opening current accounts;
• Account Management: for the distribution and saving of documents related to account closure or closing of utilities (e.g. energy industry);
• Insurance: for the distribution and saving of documents related to Insurance liquidations.