Grexie Limited has officially announced the launch of its brand-new innovative smart contract solution called Signchain, which introduces a powerful way to bring off-chain data to on-chain through user-paid gas fees, and secure signing of data into smart contract methods using its extendable smart contract i.e. Signable.
Talk about the given solution on a slightly deeper level, we referred to its promise of seamlessly facilitating off-chain data to on-chain, but what we haven’t mentioned yet is how it ensures that data authenticity is preserved at all times, as well as its entry into the blockchain remains tamper-proof. The idea behind doing so is to streamline processes for industries relying on real-world data verification.
Next up, we must dig into Signchain’s extendable smart contract, Signable. Signable basically makes it possible for developers to customize and build upon existing smart contracts. You see, it arrives on the scene as well-equipped to help developers easily implement contract signatures for any data type, offering flexibility across industries from finance to logistics and beyond.
Another detail worth a mention here is rooted in Signchain’s signer wallet management facility, which allows developers to manage and authenticate signers effectively. Markedly enough, this facility can either be self-hosted using Signchain’s Docker container for those who prefer their own infrastructure, or it can leverage Signchain’s network of secure vaults for maximum security.
“Signchain is more than just a signing solution—it’s a platform that empowers developers to securely integrate off-chain data into their smart contracts with minimal effort. The flexibility of Signable and our focus on signer wallet management offers developers control and security at every stage of the process,” said Tim Behrsin, CEO of Grexie Limited.
More on the latter choice would reveal that, for developers who want full control of their infrastructure, Signchain provides a self-hosted option via Docker containers so to let them deploy the platform on their own servers. On the other hand, developers can opt to use Signchain’s secure vault network to access a hassle-free solution with enterprise-grade security and wallet management.
Moving on to the solution’s user-paid gas fee model, it guides users when it comes to covering the costs of signing and authenticating their data. By doing so, the model propels the signing process towards being more efficient. At the same time, it also keeps away from overburdening users with any extra expenses. All in all, such a setup makes Signchain an ideal solution for dApps and platforms handling high transaction volumes.
Rounding up highlights would be Signchain’s bid to offer integration with Google Sheets, AWS, and Firebase in a serverless model, an integration markedly powered through a hosted Sign In With Ethereum (SIWE) implementation provided by Signchain’s API. This translates to a mechanism for developers to just simply connect their Google Sheets and configure the contract parameters associated with each column. Furthermore, Signchain will automatically look up the user’s wallet address in the spreadsheet, sign the transaction data, and execute it in the blockchain along with any user-supplied parameters. Give that capacity; users can expect an easy and efficient way to manage data inputs from off-chain sources without heavy infrastructure setup.
