Validation of electronic document using distributed ledgers
Abstract:
Presented herein are system and methods for validating electronic documents. A first server having one or more processors coupled with memory may identify an electronic document of a customer device. The first server may validate a record of the electronic document in accordance with a consensus algorithm by communicating associated data to a plurality of second servers. The first server may generate a token using the electronic document in response to the plurality of second servers successfully validating the record of the electronic document. The first server may append the record of the electronic document corresponding to the token to the plurality of records on a distributed ledger. The first server may generate an instruction to store the token on a wallet of the customer device to authorize the use of the electronic document across the plurality of second servers.
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