29th August 2023: DocChain.io by Print2Block, the industry-leading provider of blockchain-based Document Authenticity for secure financial asset management, proudly announces a significant achievement by successfully securing over $3 billion worth of financial assets for its esteemed clients in the Banking and Non-Banking Financial Company (NBFC) sectors. Notable clients include Shriram Finance, India’s premier asset finance company, and Kotak Bank, a leading force in the Indian banking industry, Hindustan Petroleum etc.
The attainment of this remarkable milestone underscores DocChain.io’s unwavering commitment to delivering robust and secure solutions to its B2B clientele within the financial sector. By safeguarding valuable assets, the company has not only solidified its position as a trusted partner but has also significantly contributed to enhancing the security and reliability of financial transactions for end consumers.
Through its advanced blockchain-based platform, DocChain.io instills heightened confidence in the integrity and authenticity of financial assets. This assurance translates into a more secure and trustworthy financial ecosystem, benefiting consumers and clients alike. The technology ensures tamper-proof records and easy verification, equipping clients with a competitive edge in the market.
Akash Singhal, Vice President of Growth at Print2Block, expressed his excitement, stating, “We are thrilled to have crossed the milestone of securing $3 billion worth of financial assets for our clients. If we see, it is 0.1% of country’s GDP. This achievement underscores our dedication to delivering cutting-edge solutions that empower businesses with secure and efficient financial asset management.”
The impact of DocChain.io’s achievement is not confined to its existing clientele. With enhanced data security, streamlined asset management, and reduced risks associated with financial fraud, clients are poised to reap substantial benefits. Moreover, the accomplishment paves the way for ambitious future targets as the company sets its sights on securing even larger volumes of financial assets and continuing to provide enhanced value to its clients.
Having commenced its journey with modest figures, DocChain.io has experienced exponential growth, boasting an impressive, annualized rate of 135%. This growth trajectory signifies the escalating demand for the company’s secure financial asset management solutions and attests to its dedication to innovation and excellence.
DocChain.io’s extensive client portfolio includes over 60 implementations with esteemed government bodies, enterprises, startups, and certification bodies. DocChain processed RT-PCR reports for entire state of Maharashtra during COVID-19 outbreak and helped issue 18M+ Universal passes to citizen which were integrated with eTicketing Systems (e.g. UTS and BEST) The company has worked alongside key clients such as the Maharashtra Government, IIM Ahmedabad, Gujarat University, Data Security Council of India (DSCI), Reserve Bank Innovation Hub, and CyberPeace Foundation, among others.
Looking ahead, DocChain.io remains committed to expanding its reach in the financial sector through strategic collaborations with additional Banking and NBFC clients. The company is steadfast in its commitment to innovation, continuously enhancing its platform’s features and security measures to provide clients with unparalleled trust and value in their financial asset management.