Taking a selfie is an essential part of the signing process using Vaultie. Our goal is to protect parties from identity theft and fraud and this way we ensure that the owner of the account, in fact, is sitting in front of the computer and signing the document.
By asking you to take a selfie we are protecting your account from unauthorized access, since some people might know answers to some of your security questions, or even your password!
Moreover, this selfie becomes an essential piece of your digital signature, that is verified via blockchain. This new type of signature binds your physical identity with your signature, which allows you to sign sensitive documents digitally with peace of mind.