As Umazi is built on distributed ledger technology (DLT) and due to the technical complexity of DLT, not even Umazi can alter compliance data. All data, from entry to validation, will have a clear view of its origin, and in some aspects, Umazi will pull data directly from the source. You can trust this data in the same way that you would trust the certification of documents completed by a lawyer. There will also be clear visibility of the evidence trail of who validated or entered the information.
One could add a corrective entry, but you cannot delete compliance data and details.
We don’t store individual data that is not otherwise publicly available. The remainder of the data that we store is specific to the corporate.
The validated due diligence credentials recorded on DLT cannot be tampered with, which means you cannot alter any records.
We will store the entered compliance data on the Cloud and provide a hashed version of the data on Umazi.
No, Umazi is region agnostic.