TransPerfect Announces New TransCEND Integration With True Digital Dossier’s Blockchain Technology
Summary
NEW YORK--(BUSINESS WIRE)--TransPerfect, the world’s largest provider of language and technology solutions for global business, and distributed ledger firm True Digital Dossier (TDD) today announced a partnership to integrate TDD’s new blockchain technology with TransPerfect’s virtual data room (VDR) tool, TransCEND, for the mortgage, art, energy, regulatory, and supply chain sectors. By integrating blockchain technology, owners can now embed a “digital fingerprint” in documents, creating a long-term tracking system for an asset’s paper trail and ensuring protection from data tampering. “By combining TDD with TransCEND, we can create long-term trust in business and the world,” said Rob Chepak, CEO at True Digital Dossier. Put them together, and we see game-changing applications that can benefit due diligence professionals in many markets.” Phil Shawe, TransPerfect President and CEO, remarked, “Security and tracking are key elements of both VDRs and blockchain technology. They are a natural pairing that will promote more secure, reliable, and trusted transactions between parties.” Founded in 2018, True Digital Dossier is based in Sarasota, Florida and Zug, Switzerland.
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