Technology
A blockchain infrastructure to safeguard the uniqueness, authenticity and transferability of digital documents
Blockchain
We didn’t invent blockchain technology. We improved it. Blockchain is a decentralized, digital ledger of transactions distributed across a democratized self-governed network ensuring fair and transparent operations. Transactions are therefore tamper-proof. Even our technical team cannot interfere with business workflows. Data is owned and controlled exclusively by our customers.
Privacy
Distributed Ledger Technology (DLT) and our accompanying Anonymity Layer cryptographically conceal users’ identities and enable immutable transactions that cannot be manipulated or altered.
Encryption
End-to-end encryption of all user data generated by transactions on the WAVE BL network is done using a combination of symmetric (AES) and asymmetric (RSA) keys, without passing through WAVE BL servers. Information bypassing the WAVE BL platform can only be decrypted using the key created by the intended recipient.
Digital
Signatures
We employ a new type of non-detachable digital signatures. Non-detachable signatures are registered in the blockchain ledger and cannot be removed or tampered with. Non-detachable digital signatures guarantee document validity and prevent forgery.
Direct data flow between users
Peer-to-Peer (P2P) technology guarantees that documents are transmitted directly between users. WAVE BL is not a principal in the transaction commercially or legally and has no access to customers’ data or documents. User identity verification and Know Your Customer (KYC) processes are done by members of the WAVE BL network.