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ProofMark for B2B Companies
No longer just the latest “thing”, open electronic B2B marketplaces and procurement sites are here to stay—and growing in popularity by the day. And with each online bid or transaction comes the risk of manipulation or tampering with the transaction detail, time, or identity of the transacting parties. A company conducting critical business in an online marketplace must know—without a doubt—that the supplier from whom it is purchasing millions of dollars in parts is, in fact, authentic—and that the price offered is real.
Using ProofSpace’s patented technology, all parties participating in an online transaction gain irrefutable evidence of the validity and authenticity of an electronic transaction. Because ProofSpace tags every electronic record with a ProofMark—a cryptographic ‘tamper indicator’ seal—you can confirm that every supplier is who he or she says he is and the price he or she is offering is valid. With ProofSpace, you can minimize the number of transaction disputes—and dramatically reduce your legal costs.