"Utilizing Layer-2 Blockchain and IPFS Innovations for Establishing a Robust System for Secure Document Signing and Management"

Abstract

Data holds immense significance within any information system. In traditional setups, data typically funnels into a central server for processing and storage, rendering the entire system reliant on this singular point. The ongoing digitalization trend, particularly accelerated by the global pandemic, has ushered in many transformative shifts in various operational aspects, including the validation, storage, and electronic signing of many documents. This surge in digital transactions has amplified both the data storage requirements and the volume of data traversing the Internet, thereby heightening the potential risks associated with fraud and document tampering. Consequently, an imperative need for a robust and secure document management system arises. Blockchain technology emerges as an innovative solution poised to address these challenges. In this study, we explore the compelling advantages that Blockchain technology offers to the realm of digital document storage, culminating in the development of a secure, web-based solution for document storage and processing.