Notarization, blockchain and NFTs


The impact and promise of integration

Blockchain – the technical foundation of NFTs, Bitcoin and other cryptocurrencies – was designed to facilitate trust in a trustless world. That’s also notarization’s historical foundation.

Astrean understands the potential for this integration and is actively developing ways to drive improvements in notarization.

Notarization, Blockchain and Cryptocurrency - Astrean Header Image

Blockchain technology has such a wide range of transformational use cases, from recreating the plumbing of Wall Street to creating financial sovereignty in the farthest regions of the world.

Perianne Boring

Entrepreneur & Founder, Chamber of Digital Commerce

At the intersection to the future


The promise of blockchain for notarization and legaltech

The promise of blockchain for notarization and legaltech - Astrean - Image
Notarization has been a critical part of our legal, governmental and business systems for centuries. But it has been relatively slow to adapt to the Digital Age – until now.

Partly as a response to the COVID pandemic, almost every state will soon have enacted laws allowing notarizations to be conducted remotely and online. Many nations have also taken steps to legalize notarization, including the United Kingdom, Canada and New Zealand.

As this trend continues, RON will no longer be an optional service offered by some notaries. It will probably be the primary method used by all notaries in the future. At Astrean, our mission is to empower notaries with the most reliable, robust and easy to use digital notary resources available – including advanced RON tools.

A very brief blockchain primer


Leveraging distributed ledger technology to record transactions & data files

Assemble files for block

Blockchain records files or transactions on "blocks," which can then be added to a blockchain.

For example, notarizations, birth certificates, executed mortgage deeds and other official electronic documents can be immutably recorded into blocks.

Network approves block

Files are not automatically added to the blockchain though. A submitted data file is first shared with every node/party in the blockchain network.

Once the network approves the data file, it can be added to a new block being assembled and prepared for addition to the chain.

Add new blocks to chain

Once enough files are approved, the block of approved files is then added to the current end of the blockchain.

Each new chain in the block incorporates some data from the preceding block to ensure that no future blocks can cut into the chain.

Behind the Scenes

How Astrean is Integrating Blockchain into Our Notary Platform

While Astrean offers a powerful yet easy-to-use RIN tool, we are proud to proclaim that we are more than just online notarization!

Our robust and dynamic RIN tool is part of our comprehensive suite of notary business and digital tools.

Our mission is to create a toolbox to help notaries succeed in business and their careers. And the fact is that an electronic notarization tool alone – even one as good as ours – is not enough to guarantee success. As successful notaries understand, you need an entire toolbox to help you create a successful notary business or leverage your notary skills for your chosen career.

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Why Innovators are Buzzing about Blockchain

The Benefits of Blockchain for Notarization

Immutability

Improve & grow your full-time notarization business.

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Trust

Receive & conduct business on your schedule.

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Speed

Increase your volume with mortgage closings.

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Decentralized

Service your company’s needs more efficiently.

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Security

Improve & grow your full-time notarization business.

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Privacy

Receive & conduct business on your schedule.

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Cost Savings

Increase your volume with mortgage closings.

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Transparency

Service your company’s needs more efficiently.

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Traceability

Improve & grow your full-time notarization business.

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Access

Receive & conduct business on your schedule.

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Tokenization

Increase your volume with mortgage closings.

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Innovation

Service your company’s needs more efficiently.

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Designed to Grow with You

The Right Plan for your Remote Online Notarization Needs

Pay as Needed

Our free-for-life “Personal” tier gives you free access to important notary business tools, such as the free notary webpage, directory listing and electronic journal.

The Personal tier also allows you to buy credits as needed to conduct RIN transactions with your remote clients.

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Professional Toolbox

The “Professional” tier gives you access to valuable notary business and digital tools, including CRMs, accounting software, booking software, ability to collect online payments and more

It also includes 15 credits each month for RON, IPENs (in-person electronic notarizations) and RINs.

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Powered Growth

Whether you’re a solopreneur or part of a team, the “Premium” tier gives you more of the professional level – plus analytics and management tools to take your game even further.

Qualified notaries in this tier are also highlighted with our enterprise clients whenever they need experienced notaries to help their internal staff.

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More on Fraud Prevention

How Blockchain Can Make Notarization More Secure

It’s true that notary fraud is rare. But let’s be honest. Traditional notarization has not kept up with the all the modern security precautions used by the financial industry and generally expected by our modern economy.

Notarization can do so much to enhance trust and combat fraud in our business, legal and government. But it has been unable to step up to the plate – until now.

Today’s technology can make notarization even more secure and trustworthy. And Astrean’s solution takes it even further...

  1. Signer ID validation. No more just looking at IDs and guessing. We electronically validate that signer ID documents (driver’s licenses, passports, state-issued IDs, etc.) by analyzing them against vetted databases of IDs used in every state and over 125 nations.
  2. Signer ID verification. We then use dynamic knowledge-based authentication (KBA) to verify each signer’s actual identity.
  3. Verified notaries. We apply these same ID-verification standards to notaries and directly verify that your notary commissions and licenses are currently valid. We also automatically prevent any notarizations to be conducted by notaries with invalid licenses.
  4. Encrypted data. All data is encrypted in transit using secure socket layers (SSL) to prevent interception. We also use the highest security standards to prevent hacking of data at rest.
  5. Blockchain-enabled. This supporting technology helps ensure that confirmed records are immutable. That means RON records cannot be altered by anybody at any time – although you can append amendments and corrections.

How You Can Use Your Astrean NFTs

Get Paid to Use Astrean's Electronic Notarization Platform

Token for Credits

 

Whether you’re an experienced notary trying to go digital or a brand new notary altogether, our training program helps you master electronic notarization, including RON and RIN.

We also provide state-specific training to ensure you’re ready for specific RIN and RON requirements for your state.

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Trade & Investment

 

There’s never been a better time to launch and grow your notary business. With RON, RIN and even IPEN, you now have a bigger market available for your business.

Astrean provides and trains you on the tools that professional services rely on to grow and succeed, as well as tips on how to best use them.

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A Big Reason to Upgrade

Introducing the Astrean Notary Marketplace

Having a Pro, Premium or Platinum tier subscription allows notaries to apply to be part of the Astrean Notary Marketplace – our “Uber for Notaries” platform connecting online notary customers with our notaries.

In addition to individuals searching online for notaries, we also actively recommend our premium notaries to our enterprise clients who need additional support. These enterprise clients are large corporations and very busy title companies with their own internal notary team.
But they often run into times when they need help from seasoned notaries outside their company.

We select and train only qualified notaries to be part of this marketplace. If you’re interested in becoming a notary and/or part of the Astrean Notary Marketplace, click here to learn more.