VeriSign: A Secure Contract Consensus Platform on the Blockchain with Amendment Functionality
Mustafa Bal, Rangel Milushev, Kaan Armagan

TL;DR
VeriSign is a blockchain-based platform enabling secure, transparent tracking of contract amendments and signatures, with potential applications in legislative history management.
Contribution
It introduces a decentralized platform with amendment tracking and voting capabilities, integrating blockchain for secure transaction history storage.
Findings
Successfully demonstrates a user-facing app for signing and amending contracts
Implements blockchain to securely store transaction history
Enables transparent tracking of contract amendments
Abstract
While electronic signatures are widespread, there currently exists no viable signing solutions that can track amendments. We proposed VeriSign, a secure contract consensus platform where amendments to contracts can be tracked in a decentralized medium. We demonstrate a user-facing app where signatories can vote on original contracts and amendments, and incorporate a Blockchain where we store the transaction history of original contracts and amendments. This platform has possible applications in tracking the history of legislation, and amendments to legislation.
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Taxonomy
TopicsBlockchain Technology Applications and Security · Artificial Intelligence in Law · FinTech, Crowdfunding, Digital Finance
