Traditionally, these methods of identification required meetings in-person to sign physical documents. This later evolved to incorporate digital contracts and documents to allow for a digital record. Today, there is a growing movement to remove the requirement for face-to-face meetings to prove identities or credentials, and to instead move to a model to allow for all types of interactions between legal entities to be carried out entirely online. However, in order for this to be enabled, a safe, secure, efficient and easy-to-use solution needs to be implemented to allow for those that are conducting business to be sure they are avoiding the dangers of fraud when working in the digital world.

Any time a company is established or wishes to sign a contract or work officially with another company, there is a legal requirement for some form of KYC or identity verification to take place to ensure that business is being conducted in accordance with the regulations and guidelines set by the jurisdiction it is tied to. Documentation provision can involve a vast array of certificates or other official documents, such as Certificates of Incumbency, Memorandum and Articles of association, Bylaws, Certificates of Good Standing, Certificates of Registered address, Certificates of Directors and Secretary, Register of Directors, Power of Attorney, Financial Statements, Joint Venture Agreements and any manner of other evidence or paperwork required for specific cases.