VeriSign: A Secure Contract Consensus Platform on the Blockchain with Amendment Functionality

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.