IOTA Notarization has been officially unveiled to complement traditional systems in addressing document-related fraud that organizations face.
Research suggests that organizations lose billions of dollars of their annual revenue to document-related fraud, which includes falsified invoices.
In a recent update, CNF discussed the alpha release of the IOTA Notarization to enable developers, builders, and infrastructures to integrate blockchain-based data authenticity and integrity proofs into their products.
According to that report, this comes with a ready-to-integrate tooling designed for individuals and entities that seek compliance, verifiable records, and tracking.
Detailing this in a blog post, the IOTA communication team highlighted that the Notarization implementation is specifically meant to complement the traditional systems rather than replace them. Meanwhile, the existing systems with centralized databases were reported to be liable to modification. This implies that t
