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Consensus Cloud Solutions Delivers First e-Signature Solution Secured by Blockchain
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) has launched a new e-signature product named jSign, which utilizes blockchain technology to ensure secure document signing and management. jSign allows users to send signature requests and electronically sign documents in a tamper-proof online environment. The product includes features like audit trails and two-factor authentication for enhanced security. Early users have praised its ease of use, particularly in the healthcare sector, where it can streamline processes for providers and patients. This move expands Consensus's suite of interoperability solutions.
Positive
Launch of jSign strengthens product portfolio.
Utilization of blockchain technology enhances document security.
Positive user feedback highlights ease of use and value pricing.
Negative
None.
LOS ANGELES--(BUSINESS WIRE)--
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), the developers of eFax®, a leading document transmission and data-exchange solution, announced today the launch of its new standalone, e-signature product called jSign. The solution enables customers to send signature requests and then secure, and electronically sign documents through a tamper-free, online interface built on blockchain technology.
“We are excited to add jSign to our growing suite of information exchange solutions for businesses of all sizes,” said John Nebergall, Consensus Cloud Solutions’ Chief Operating Officer. “The use of blockchain to address key e-signature components, such as audit-trails, and non-repudiation is an important innovation that will benefit our customers from multiple industries that require a secure, easy-to-use, e-signature product at an affordable price. Our first obligation is to the healthcare market, assisting providers, payers and caregivers to improve communications. In addition, because we deal with highly regulated organizations, much of what we offer can apply to document-reliant regulated industries such as legal, financial and manufacturing.”
The early jSign customers have noted the ease of use and value pricing as a benefit. “It's so easy to use. I use it primarily for financial contracts for our patients. I love the ease of it, and many of our patients appreciate the convenience of signing electronically,” stated Amy Datwyler, Datwyler Orthodontics.
With Consensus jSign you can embed e-signatures into workflows through Application Programming Interfaces (APIs) and store documents in a number of assigned data repositories. As a cloud solution, signed documents can be stored in jSign or downloaded for offline archival.
The use of blockchain provides the highest level of audit trails with time stamps to track documents; certificates of completion; as well as IP and signer address locations. The jSign blockchain also tracks items as specific as the types of devices and browsers used to sign each document. Additionally, two-factor authentication (2FA) can be set up through a mobile number as an extra layer of security and identity validation.
About Consensus Cloud Solutions, Inc.
Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) started as a secure digital document transmission solution 25 years ago and has grown to be a global leader of digital cloud fax technology. The company leverages its technology heritage to provide secure solutions that transform simple digital documents into advanced healthcare standard HL7/FHIR, for secure data exchange, as well as multiple compliance-based documents requiring legal proof of signature. The technology utilizes Natural Language Processing (NLP) and Artificial Intelligence (AI) to convert unstructured documents into meaningful structured data, which can easily be extracted to accelerate meaningful insights for better decision-making in multiple industries. The company’s suite of interoperability solutions offers a unified digital environment that optimizes workflows; provides real-time event notifications; on-demand patient query; direct secure messaging; universal APIs, jSign electronic signature; and eFax HITRUST CSF® certified digital-cloud faxing. Visit consensus.com/jsign.
jSign is an e-signature product from Consensus Cloud Solutions that allows users to send signature requests and securely sign documents using blockchain technology.
When did Consensus Cloud Solutions launch jSign?
Consensus Cloud Solutions launched jSign recently, as reported in their press release.
What technology does jSign use to ensure document security?
jSign uses blockchain technology for secure document signing, providing audit trails and two-factor authentication.
How has the early customer response been for jSign?
Early customers have noted the ease of use and value pricing of jSign, particularly in applications like financial contracts.
What industries is jSign targeted at?
jSign is targeted at multiple industries, with an initial focus on healthcare, legal, financial, and manufacturing sectors.
