Use Case
Portfolio Lenders
Scenario: A portfolio lender seeks to bolster the security and efficiency of its lending operations while minimizing risks associated with identity fraud.
Integration for Comprehensive Identity Verification
The portfolio lender seamlessly integrates Greenlight Data into its portfolio management systems, extending the capabilities of robust identity verification.
Portfolio Diversification
As the lender manages a diverse portfolio of loans, Greenlight Data ensures that each borrower's identity is thoroughly validated through biometric verification and document validation.
Ongoing Identity Monitoring
Greenlight Data's continuous monitoring keeps track of borrower identities throughout the life of the loans in the portfolio.
Any suspicious activity or changes in borrower details trigger alerts, allowing the lender to proactively address potential risks.
Digital Identities for Borrowers
Borrowers within the portfolio establish their digital identities using ChainIT.
The integration with Greenlight Data ensures that these digital identities are securely linked to their real-world credentials.
Secure Collaboration
Document uploads within the app contribute to the creation of immutable records.
Metadata associated with the documentation provides transparency and aids in the monitoring of borrower progress.
Risk Mitigation in Loan Transactions
Comprehensive Post-Closing Analysis
Efficient Compliance Reporting
Provide insights to customers
Our Difference
Immutable Recordkeeping
Our blockchain-powered system creates VDTs for each closing event, documenting the entire process in a tamper-proof and immutable manner. This record includes details of the participants, documents signed, and key milestones.
Referential Integrity
VDTs are linked to one another, allowing for easy reference and verification of the entire loan closing process. Each event can be traced back to its origin, providing transparency and reliability.
User-Friendly Interface
Our software is designed for ease of use by lenders, borrowers, and closing agents. Participants can confidently engage in loan closings using mobile devices or tablets.
Step-by-Step Use Cases
Explore a variety of industries that can streamline processes and ensure transparency with Greenlight.
Real Estate Loan Closings
Our Validated Data Tokens capture closing events and their comprehensive reporting system to ensure transparency and truth every step of the way.
Closing Attorneys
ChainIT IDs verify both organizations and individual borrowers to ensure secure closing transactions for each stakeholder involved.
Auto Loan Closings
Our Validated Data Tokens capture closing events and their comprehensive reporting system to ensure transparency and truth every step of the way.
Portfolio Lenders
ChainIT IDs verify both organizations and individual borrowers to ensure secure closing transactions for each stakeholder involved.
WHO WE ARE
Patented by Black Ink Technologies™
About Us
We eliminate opportunities for fraud and ensure that data accuracy and integrity are maintained with easy validation.
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