Wave is a digital peer-to-peer network that protects and accelerates the chain of custody for your business’s most crucial original documents. Here’s how it works:
Sharing Paper’s Best Properties
Documents sent across the Wave network are as certifiable as an original physical document without the potential fraud, disputes, loss, and handling or data input issues that occur with paper.
Secure, For Your Eyes Only
Communications across Wave are completely confidential thanks to data encryption and layers of anonymity that prevent any data scraping and mining. Best of all, documents and data are stored client-side, not with us.
Cutting Paper From The Bottom Line
Avoid up to $130 in per-document costs associated with transportation. Wave facilitates near instant communication.
Save time on the ground—up to 30 minutes per document—by freeing recipients from the need to input values into their TMS or ERP systems. Wave is already integratable via API and ready for full internal automation.
Issue eUCP and URC compliant negotiable and non-negotiable documents of title, unique certificates and more. Additionally, IG P&I accreditation ensures users gain the same legal rights and protections they already enjoy from paper.
Wave does not perform any Know Your Customer (KYC) checks on users to preserve anonymity. Crucially, we provide this functionality to users within our P2P network so they’re able to independently verify the identities of their partners and peers.
Wave relies on trusted, proven technology but mobilized in a different way. We don’t seek to reinvent communication, but simply reframe the network.
Wave employs sophisticated digital signatures to guarantee validity of documents and prevent fraud. Apart from non-detachable and detachable digital signatures that can be applied to and removed from documents, digital signatures are also used in the backend of the system to prevent forgeries or modification of documents and envelopes that could be used to alter their state.
Decentralized ledger technology (DLT) and accompanying anonymity layer cryptographically obscures user identities and transmissions so they are not visible by us or third parties. A unique signature also provides recipients with immutable records to authenticate possession and title.
End-to-end encryption of all user data generated by any transmission on the Wave network is done using asymmetric keys without passing through Wave servers. This information can only be decrypted using the key created by the intended recipient in our network.
Wave gathers the minimal amount of data necessary for security and billing purposes and does not hold any documents or communications transferred between participants.
Wave complies fully with conventions on international bills of exchange, and a bill transferred through our network affords its participants the same liabilities, rights, and recourse as any physical bill.
Wave has completed the accreditation process with IG P&I, providing liability coverage for network users managing their valuable documents.
The Wave bylaws govern how users operate in the system, define which rights and obligations they have to others, & maintain compliance with the standards required by IG P&I.