Trusted Business Licenses
Trusted business licenses are dynamic and tamper-proof documents that stakeholders can use to instantly verify if a license is authentic and valid.
Benefits at a glance
Enhanced digital trust as trusted digital licenses are tamper-proof and digitally attested by the licensing authority
Greater control as trusted licenses are dynamically updated, reflecting the latest status upon verification – even if the old copy is the one being verified
Availability of machine-readable data means data in trusted licenses can be extracted and used in downstream processes such as analytics and automation
Ease of monitoring by banks and other counterparties as trusted licenses dynamically reflect changes, eliminating the need for these parties to manually check for updates periodically