Case Study
SiS: Protecting companies from payment fraud with tamper-proof blockchain-based identity validation
Share this SiS is a technology startup that focuses on providing a payment data repository for companies in France and across Europe. The company has harnessed blockchain technology to build a tamper-proof shared ledger of verified payment information for thousands of companies, combined with highly responsive web services designed to authenticate payees and combat forgeries and fraud. Business challenge When your business pays an invoice, how do you know your money is going to the right account? T o help make payments safer, SiS wanted to provide a trustworthy source of verified bank data for its clients. Transformation SiS built a blockchain in the IBM Cloud that acts as a tamper-proof repository of verified bank information, and developed a service that helps clients check t