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What is metadata?

Metadata is basically data (written information) that provides information about other digital data. Descriptive metadata describes a resource for purposes such as discovery and identification and can include the title, author, versions, number of pages, relationships, the types of document, and other characteristics of digital materials. It also can include information to help manage a resource, such as when and how it was created, file type and other technical information, and who can access it.

What does "legally authentic document" mean?

A paper-to-pdf or digitally created document that complies with all the legal requirements of a certain jurisdiction or country, and standards applicable to dematerialization of a document from its paper-based to a digital medium or to the migration of data from another medium to create “Legally Authentic Documents”.

What does "highest probative value" mean?

Having the highest probative value means it has the greatest weight that can be given to a document in terms of authentic value, compared to any other document presented in a court of law. For a document, the probative value is evaluated in relation to The Best Evidence Rule. The more authentic a document is and the more its contents can be linked to its creator (or can prove that an individual had the authority to represent the creator of the document if the creator is not the individual), the greater the weight of its probative value because it tends to prove that it is the original. Based on legal principles, the notion of document integrity is often associated with authenticity, that which is often found in both case law and evidence law.

What is the chain-of-trust (COT)?

The Chain-of-Trust is a patented process which creates a legally governed chain of trust system for internal (employees) and external (suppliers, clients, 3rd parties) through a combination of verification services and SaaS technology. The Chain-of-Trust guarantees that you will do business with trusted companies. A trusted company has been certified by a Certification Service Provider (CSP). To certify a company, they use lawyers, CPAs and notaries that are in good standing with their professional order. These independent professionals are called Registration Authorities. The certification process ensures that each company actually exists and is in good standing legally. The process also ensures that each person with a role in a company has their identity verified. Once this process is complete, the company is considered “trusted” and is certified in Clawd. Each person has their actions audited to ensure they follow the governance rules the company has established.

What is "Regtech"?

RegTech is rather new word meaning “regulatory technology” that describes the emerging wave of companies using cloud technology and software-as-a-service (SaaS) that are helping financial and other firms comply with businesses regulations in a transparent, efficient, and cost-effective manner.