Business Case

Counterfeit documents have become a menace globally and industries are battling to secure their reputation and causing loses to top line. Industries or large corporate houses are making significant spend towards document verification and background checks to ensure confident transactions based on documents. This spend is significant and is vital to sectors such as Banking, Financial Institutions, Insurance and Travel.

YTR has envisaged a Do It Yourself (D.I.Y) digital platform VeryOrigin intended to bring visibility on the authenticity of the document issued by the issuer by verifying the origin and data integrity of the document.

Certificate Issuer

Objectives

• Safe-guard organization interests
• Brand reputation
• Adhere to federal compliances

Challenges

• Exponential spend to mitigate counterfeit documents
• Loss of top line revenue

Secure Printing Solution Provider

Objectives

• Enhanced security features
• Service value add to Issuer
• Improve/Retain clientele

Challenges

• Ensure data integrity is maintained
• Comply with Issuer norms
• Ensuring authenticity of the document

Verifier / Document Custodian

Objectives

• Make a transaction
• Reduce time to complete transaction

Challenges

• Reduce verification cycles
• Ensuring identity, origin of the document