The CEO of the Spanish company Vestigia assures that the registration of these documents will remain free during the crisis that the Covid-19 pandemic generated.
Vestigia, the renowned Spanish company located in the city of Seville, recently announced that citizens can validate their legal documents using its blockchain-based digital platform. Now, customers can validate personal documents for free, using the FidesBlock platform, which was in-house developed.
In addition to being a free public service, the company indicates that it may even register property titles. The idea is to offer the most important services to customers.
In a recent interview, José Manuel Avelino, CEO of Vestigia, commented that the network would serve as a channel to send the registered information to the entities in charge of public registration. Avelino added that the company uses the Alastria network to make the transmissions with the authorities. This particularity indicates that the company works as a node linked to other companies and government agencies.
The CEO did not offer further details on how FidesBlock works. However, he mentioned that the system has certain similarities to the Ethereum blockchain. Besides, he recognized that they use other technologies to make the system work as expected. Some of the tools they use include wireless functions and the Internet of Things (IoT).
Avelino mentions that they seek to give a different treatment when registering and certifying legal documentation. They hope to go beyond what users know. “We apply a different approach by not only remaining in the digitalization and electronic signature of documents but in their certification and real validation, through the integration of IoT and NFC (Near Field Communication) equipment that guarantees the authentication of its owner’s data”.
The CEO also mentioned that they designed this system originally for the exclusive use of companies that needed new certification methods in the supply chain.
However, they made some modifications so that this same system can allow the certification of legal documents. Avelino says that, during the Covid-19 pandemic, many people expected practical solutions to legalize their private documents. From that premise, they left to modify.
To use this system, users must have their DNI (National Identity Document) and a wireless device. The system recognizes the DNI and, automatically, registers the property in the name of the user. In this way, users can register legal documents and conduct different actions such as buying or selling a property, certifying powers, and even registering intellectual property.
Despite this request, the company ensures that it will only work to streamline the registration process since the user must attend the public registry to endorse the document. Avelino comments that, until now, the system would work this way during the quarantine period.
According to data that Vestigia shared, this system has executed almost 200 records until now. Besides, the company assures that the service will remain free as long as the alert status for the Covid-19 pandemic continues.
Avelino recalled that, once the document is registered, it will be within the Alastria network forever. This is not the case with FidesBlock, which will only keep the information for about 5 years.
By María Rodríguez