The Stabila Platform Aims To Combat Financial Document Fraud


One of the major issues affecting global financial markets is that it’s hard to battle legal document fraud and falsified documents, which can result in the loss of hundreds of thousands of dollars.

To combat financial document fraud, the Stabila platform will create a decentralized environment in which it operates.

Document verification problems which undermine the ability of the financial market to take advantage of globalization have been a major issue in the global market during the past few years.

Stabila understand that some of the largest issues at stake in the global financial markets have been fraud and data loss. 

Here at Stabila, Stabila are dedicated to resolving issues surrounding this impactful problem through a decentralized environment which aims to maximize accessibility for all. 

Created as an outcome of a partnership between Stabila and ChainZilla, a software product company that develops products on Ethereum blockchain, the project aims to add an essential technological layer by using smart contracts to improve transparency and automate processes in global financial services.

The Stabila platform is focused on addressing major issues in the global financial markets and works to develop a decentralized environment for countering financial document fraud. 

The platforms algorithm creates a unique QR code on each bank check, contract, certificate or bill of lading which is then scanned by customers to verify the authenticity of a document while maintaining high confidentiality.

The Stabila platform is designed to provide digital asset regulation, production and circulation. 

Stabila provides financial document security using blockchain based digitalisation and smart-contract technology.

The Stabila Platform solves the problem of financial document fraud by creating an immutable, decentralized blockchain based platform. Financial documents are encrypted onto the blockchain after being validated and then destroyed. 

Once on the blockchain, a hash of the document transaction is created through cryptography and can be verified with no need for a third party validation process.

Stabila unique ecosystem will be able to reduce financial crime by enabling automation of the trust departments within large institutions and government agencies, generate cost efficiency through the elimination of redundant processes and procedures, and empower small businesses and individuals by enabling them to realize the value of their personal data.

The Stabila platform contains a unique proprietary serialization method, based on Stabila's quantum cliff gravity force platform, which simultaneously helps certify documents at the time of creation and shortly after.

Stabila aim to deliver the benefits of blockchain technology through three main aspects:

(1) Providing easier access to verify the authenticity of documents, including identity papers, diplomas and bank account statements.

(2) Giving individuals access to international financial markets free from middlemen and hidden fees.

(3) Providing secure peer-to-peer transactions.

Stabila operates on the decentralized, distributed and public Ethereum blockchain, which is capable of securely facilitating transactions using smart contracts.

Through the application of blockchain and other technologies, Stabila  are helping our clients to create a safe environment for exchanging all financial documents securely.

The platform is currently on the Ethereum-based blockchain and is compatible with document workflows used by the financial services industry. It works to alleviate concerns related to fraudulent activities in both trade finance and domestic lending transactions.

#Stabila #STB #Blockchain #Decentralized

For more information please visit link the below:
Website: https://stabilascan.org/
Whitepaper: https://stabilascan.org/static-pages/white-paper
ANN: https://bitcointalk.org/index.php?topic=5379020.msg58848428#msg58848428
Telegram: https://t.me/stabilastb
Facebook: https://www.facebook.com/stabilacrypto
Twitter: https://twitter.com/moneta_holdings
YouTube: https://www.youtube.com/channel/UChFtE8tAVlkWGkFrUb-7KOQ
Reddit: https://www.reddit.com/r/moneta_holdings/
LinkedIn: https://www.linkedin.com/company/stabilacrypto
Instagram: https://www.instagram.com/monetaholdings/

Author :
Bitcointalk username : Kacey Miciela
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=3399777
STB address: SUQkuidCQrBbnSs6CtD77AUibUujLy8ktS

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