TransPerfect, a language and technology solutions provider, and distributed ledger firm True Digital Dossier (TDD) are partnering to integrate the latter’s new blockchain technology with TransPerfect’s Virtual Data Room (VDR) tool, TransCEND. This will be relevant for the mortgage, art, energy, regulatory and supply chain sectors.
According to Rob Chepak, CEO at True Digital Dossier: “By combining TDD with TransCEND, we can create long-term trust in business and the world. Data rooms are brilliant for document sharing but mainly reserved for corporate finance.
“Distributed ledgers help networks of people secure information. Put them together, and we see game-changing applications that can benefit due diligence professionals in many markets.”