Anuj Sehgal, CTO
It is yet another day at work as Anuj Sehgal, the CTO of NDM Global, finds himself addressing a CIO’s questions about the value that Blockchain can offer. And like most conversations, this one too was heading in the same direction. “CIOs can’t find value in Blockchain beyond the academic and cryptographic fields because current tools and products’ advantages don’t apply to regular enterprise needs,” he says.
Leveraging Blockchain for increasing verifiability and security.
NDM Global aims to do just that and a lot more.
With a long history of successfully delivering solutions that simplify complex problems, across application domains, the company has built DocQ as a product to help streamline and secure the document management process while leveraging the unique features provided by Blockchain. “Drawing on our expertise across several disciplines, we finally bring a product to the doors of enterprise computing that makes a compelling case for using Blockchain across all types of offices,” mentions Sehgal.
A turnkey document management solution, DocQ allows the creation of workflows to manage business processes around documents from any digital and physical source. By leveraging Blockchain for increasing the verifiability and security of these everyday tasks, it also enhances the document auditing and signature process. The product helps organizations simplify the lifecycle of creating and managing documents, while they run through workflows that mimic business processes. This improves efficiency, security, and reduces costs in organizations. DocQ provides custom workflows for documents to run through (including nested workflows, file splitting, and merging), which can even drive complex retention and archiving. It also supports metadata extraction based on QR/Barcodes and AI/ML-driven OCR and 5-levels of industry-leading encryption; at storage, at-rest, and in-transit. Further, DocQ offers a collaborative editor to allow the modification of documents. At the same time, they run through workflows, which will enable clients to securely bring external users into the workflow and editing as well.
DocQ also has a Blockchain backed audit trail of actions and access to documents which enables high authenticity verification of the document itself and actions taken on it. An eSignature platform based on PKI cryptography, it leverages Blockchain to authenticate signatures with a high degree of certainty and verifiability and also supports integrations with platforms like Sharepoint, Dropbox, Amazon S3, Salesforce, Netsuite.
“The biggest benefits of using DocQ are in the efficiency improvements that arise of using a turnkey product that manages document lifecycle in a business process-driven workflow while securing those documents better than other solutions by leveraging Blockchain,” adds Sehgal. DocQ leverages the distributed ledger associated with Blockchain to further enhance document security for businesses. While simplifying the clutter and complexity around documents via an easy-to-use workflow process, we store audit trails in Blockchain to make external audits a breeze. This also allows clients to verify the authenticity of the document via a third party, without ever having to expose the data. “We also leverage Blockchain features to make the eSignature process legally enforceable via a Blockchain backed PKI cryptographic signature,” says Sehgal.
The biggest benefits of using DocQ are in the efficiency improvements that arise of using a turnkey product that manages document lifecycle in a business process-driven workflow
The applicability of DocQ in the workspace extends to almost every industry since everyone has to deal with document clutter and security at work. Still, higher traction comes from the healthcare and legal sectors. Further, NDM Global leverages its local teams to meet not only linguistic requirements but also legal requirements like HIPAA in the US, GDPR across Europe, and DSVO in Germany. This ensures that the company’s services and DocQ meet the most stringent requirements. “DocQ is a great example of this because it brings not only simplification and efficiency improvements to the complex field of document management, but also enhances security and authenticity by being one of the first platforms ever to integrate Blockchain into the solution,” mentions Sehgal.
Having carved a unique niche, the company is committed to expanding the footprint of DocQ within the enterprise market for the near future. Currently working to enhance DocQ’s usability, they aim to enable even small-to-medium enterprises to deploy the product within their organizations quickly. This would not only improve their business processes but bring in a much-needed focus on security during the digital transformation process. The focus is going to remain on enhancing the platform with features that make it easier to adopt and thereby improve office efficiencies and security around documents. At the same time, the company will continue on its mission to assist organizations in making their data and systems work cohesively to solve problems via our professional services division. “If your organization needs systems to integrate, data solutions to leverage AI/ML, or even UAV based automatic aerial surveys to perform, then our teams stand ready to help,” concludes Sehgal.