American global corporation that sells print and digital document solutions, and document technology products, Xerox Corporation registered a patent by the U.S. Patent and Trademark Office (USPTO) for a blockchain-driven auditing system for electronic files, according to the patent filing.
The patent describes a blockchain-based system developed by Xerox for the secure recording of revisions made to electronic documents and files. It consists of a series of blockchain nodes that may approve or dismiss each amendment made.
As it is stated in the document, Xerox’s technology is able to supposedly detect whether a file has been altered and tracks the history of changes made. The special decentralized verification system makes files resistant to tampering.
It is considered that Xerox believes that the newly patented technology will be used in the audit of electronic files in many different areas from finance to education, medicine, and crime investigations.
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