Enterprise content service provider Hyland and DLT network Hedera Hashgraph have partnered to develop blockchain technology that verifies government-issued records. A proof of concept (PoC) of the initiative was presented to the Texas Secretary of State and instigated by the Texas Blockchain Council, a trade association.
The PoC will issue electronic Apostilles, which are internationally recognized government authenticated documents. Hyland will provide the software to process document requests and issue them on a blockchain. Historically Hyland’s credentials have used the Bitcoin and Ethereum blockchains. Given Ethereum’s current high transactions costs, Hedera can provide an alternative, cost-effective secure protocol network layer. Its hashgraph is technically a public distributed ledger technology (DLT) rather than a blockchain.
Hyland’s software is enabled by Learning Machine, a blockchain credentialing startup acquired by Hyland at the beginning of 2020. Its platform is based on Blockcerts, an open standard for blockchain credentialing.
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