DocuSign and Visa Showcase New Proof-of-Concept at Money2020
Money2020 in Las Vegas witnessed a new proof-of-concept which was showcased by DocuSign and Visa. The proof-of-concept demo showed how a consumer can purchase and then drive away in his 'purchased' car in just a matter of few minutes, after signing the relevant documents, and paying the sum electronically, without ever even having to move from the driver's seat. In a blog post, Ron Hirson, Head of Product, DocuSign explained at length the idea behind the product saying that leasing a sports car or any car should be an exciting event, but due to tedious procedures and lengthy paperwork....
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Visa and DocuSign unveiled a new proof-of-concept this week that leverages the bitcoin blockchain for recordkeeping. The project, outlined in a 26th October blog post and debuted at Money20/20 in Las Vegas, focuses on digitizing the process of leasing a car. Bitcoin transactions are used to create a digital fingerprint for each vehicle, with new transactions published throughout the leasing process. "From the driver's seat, the customer then chooses the lease options for the car - low, mid or high mileage, for example and DocuSigns the leasing contract right there and then. This is all in....
The DocuSign CEO estimates the cost of providing the firm’s e-signature and digital identity services are 13X higher using blockchain technology. Daniel Springer, the chief executive officers at electronic signature technology company DocuSign, says the firm isn’t likely to incorporate additional blockchain technology anytime soon as current infrastructure is far cheaper.In a Quartz report published yesterday, Springer said the San Francisco-based DocuSign’s 2018 integration of the Ethereum blockchain involved the use of smart contracts with the firm’s e-signature and transaction....
Visa Europe has announced it is working on a proof-of-concept for a blockchain-based remittance service. Created through Visa Europe Collab, the trade organization's innovation initiative, the proof-of-concept is being built in collaboration with Epiphyte, an enterprise blockchain services firm that recently graduated from San Mateo incubator Boost VC. Though details on the proof-of-concept were limited, the companies said they are working in a "controlled test environment" that is seeking to simulate real-world remittance transactions. A press release by Visa Europe Collab indicated the....
Visa Europe's Collab, the company’s digital innovation initiative, has begun searching for bitcoin startups within the digital payments scene with the hopes of creating “an Apple App Store” of Bitcoin startups. Bitcoin companies qualified for its program called "a religion of a 100-day sprint proof of concept" will become a part of Visa’s proof of concept stage, where they will be given opportunities to test their platforms and technologies at Visa Europe. IBTimes interviewed Steve Perry, chief digital officer and the founder and co-creator of Visa Europe Collab about Visa’s general focus....
Many people dread the process of buying a car. Selecting the car itself can be fun, but the pressure to test drive, the forced banter with the sales rep, and the dreaded negotiation are major turn-offs to many. Visa is working to change that with a new app that can use advanced Bitcoin Blockchain technology to revolutionize the car buying process forever. This prototype app was announced at the Money 20/20 payment conference in Las Vegas yesterday and is being built in association with DocuSign Labs. Imagine if you walked into a car dealership, and already knew the car you wanted, the....