Using Tradelink's TD-Sign solution, we aim to develop Speedy Global Sign as a convenient and secure remote document signing platform that supports cross-border legally-binding document exchange, facilitating business transactions within GBA.

Background

• Our client, Guanfu Consume Financial Information Technology Co., Limited, a Fintech solution provider based in Shenzhen, China has developed a third-party platform for a Certification Authority (CA) in China that provides remote contract signing service within mainland China
• Leveraging its experience, Guanfu planned to extend its business by building a similar platform, Speedy Global Sign, that supports remote cross-boundary contract signing, such as employment contract, tenancy agreement within the Greater Bay Area
• Guanfu was looking for a CA partner in Hong Kong that issues recognized digital certificates for identification and enables remote signing service on Speedy Global Sign to be in compliance with the relevant regulatory requirements in Hong Kong

Project Objectives

• As remote working has become increasingly common in the post pandemic era, Guanfu's remote document signing platform, Speedy Global Sign, aims to help businesses adapt to the new normal and enhance business efficiency
• As handwritten and paper-based signatures can be easily forged and difficult to preserve, Guanfu identified a high demand for digital signatures which could provide enhanced authenticity and traceability
• Through promoting digital signing, Speedy Global Sign also helps businesses improve ESG performance by reducing paper consumption and carbon footprint

Our Solution

• Integrated with Speedy Global Sign's online platform and its mobile app, our solution enables ICAO passport holders to apply for iD-One, a digital identity enabled by recognized certificates endorsed by HKSAR's Digital Policy Office remotely through e-Passport verification and facial recognition
• With the use of iD-One, users can perform secure and legally-binding digital signing for cross-boundary contract documents on the Speedy Global Sign platform
• The digital identity is supported by a digital certificate issued by Digi-Sign Certification Services Limited (Digi-Sign), a wholly owned subsidiary of Tradelink and the only commercial Recognized CA under the Electronic Transactions Ordinance (ETO) (Cap 553) in Hong Kong. It is trusted by the relevant Adobe products under the Adobe Approved Trust List (AATL)
• Deepfake detection is applied during the digital identity verification process to ensure unmatched accuracy and reliability against fraud

Benefits

• Enables efficient and secure cross-boundary document signing in compliance with the relevant regulatory requirements in Hong Kong and international standards
• Reduces paper usage to enhance ESG performance
• Provides audit trail and enhance traceability of the signing process
• Provides a secure one-stop onboarding and signing solution to end users to enhance user experience