MyProof use case

Alternative to the soleau envelope for memorandums of understanding

Visit M&A teams are looking for effective ways to establish the precedence of memorandums of understanding. MyProof meets this need with modern technology.

Our system uses the blockchain to generate proof of the existence of documents at specific points in time. This method is presented as a alternative to the Soleau envelope for preliminary agreements.

M&A specialists now have a digital tool to time-stamp their memorandums and protect their rights during negotiations.

Blockchain time-stamping: an asset for M&A teams
Sector & stakeholders

Software for M&A teams

When it comes to mergers and acquisitions (M&A), confidentiality and document integrity are paramount. M&A teams handle highly sensitive information during negotiations and due diligence. Protecting this data from leaks and proving the existence of a document at a specific date are essential.

Blockchain time-stamping offers an innovative solution for securing memorandums of understanding and other critical documents. This technology makes it possible to create indisputable proof of anteriority, without resorting to traditional methods such as the Soleau envelope.

Investment bankers

You manage transactions and need to prove the existence of documents at key moments in negotiations.

Business lawyers

You draft and validate agreements, requiring a reliable method for establishing the chronology of versions.

Financial managers

You supervise the financial aspects of transactions and guarantee the integrity of shared financial data.

Due diligence teams

You analyze confidential documents and need a secure system to time-stamp your reports and conclusions.

Have a question? Talk to a MyProof expert.
Challenge & solution

Securing memorandums of understanding with blockchain time stamping

Challenge

Challenges for M&A teams

When it comes to mergers and acquisitions, the confidentiality and integrity of memorandums of understanding are paramount. You face several challenges:

  • Prove the existence and content of a document at a specific date
  • Ensuring that agreed terms are not altered
  • Avoid disputes over the timing of negotiations
  • Protect sensitive information from leaks

Traditional methods such as the Soleau envelope have their limitations: slow process, cost per document, and difficulty in managing multiple versions.

Solution

Solution selected: Time-stamping

MyProof offers a blockchain time-stamping solution to secure your memorandums of understanding:

  • Instant timestamp : each document is registered in the blockchain in a matter of seconds
  • Indisputable proof of anteriority: the document's imprint is immutable
  • Easy to check: you can prove the existence of the document at a given moment without revealing its content
  • Version management : every modification is time-stamped, creating a reliable history
  • Workflow integration : time-stamping directly from your MyProof workspace

This approach enables you to secure your M&A negotiations while maintaining maximum flexibility in the management of your confidential documents.

Implementation

Time-stamping for M&A teams

MyProof's blockchain time-stamping enables M&A teams to certify the existence and integrity of memorandums of understanding at a specific point in time, without revealing their content. This technology creates a unique digital fingerprint of the document, immutably recorded in the blockchain.

Unlike the traditional Soleau envelope, this method offers instant proof, accessible at any time, and impossible to lose or destroy. It also facilitates the management and tracking of different versions of memorandums during negotiations.

1

Document selection

You choose the memorandum of understanding to be time-stamped in your MyProof space.

2

Print generation

The system creates a unique digital fingerprint of the document, without uploading it.

3

Blockchain registration

The fingerprint is recorded in the blockchain, creating an unforgeable time stamp.

4

Time-stamping certificate

You receive a certificate detailing the date, time and information of the blockchain registration.

Benefits

Blockchain time-stamping: an asset for M&A teams

Blockchain time-stamping provides irrefutable proof of the existence and content of your memorandums of understanding at a precise point in time, strengthening your position in the event of a dispute.

Unlike the Soleau envelope, blockchain time-stamping does not require you to disclose the content of your documents, thus preserving the confidentiality of your M&A negotiations.

You can time-stamp your documents from anywhere in the world, facilitating international transactions and collaboration between remote teams.

Time stamping integrates easily into your existing processes, enabling you to secure your documents at every key stage of your M&A operations.

Access the platform

Discover the power of MyProof to secure your critical data. Our intuitive solution will enable you to protect, certify and share your sensitive information with complete confidence.

Use cases

Other MyProof use cases for M&A teams

M&A teams manage highly confidential information for mergers and acquisitions. Our a tool for M&A teams provides a reliable environment for storage, sharing and time-stamping of sensitive documents, facilitating transactions while guaranteeing data confidentiality and integrity.

Secure storage of target companies' confidential information

During mergers and acquisitions, the protection of confidential information is essential. MyProof offers a solution for storing target company documents securely during due diligence.

Our platform enables M&A teams to manage sensitive data throughout the process. It offers :

  • Encrypted hosting of strategic files
  • Controlling access to information
  • Collaboration tools for authorized stakeholders

In this way M&A professionals can share and analyze target company data securely during negotiations.

Secure drive for M&A data protection

M&A transactions require rigorous management of confidential information. Our platform provides a secure environment for storing and sharing documents related to these transactions. Visit M&A teams benefit from a dedicated space to carry out their due diligence.

This secure drive for M&A data protection offers several advantages:

  • Control access to sensitive files
  • Traceability of user actions
  • Compliance with confidentiality standards

Our solution enables M&A professionals to collaborate efficiently while preserving the integrity of strategic data during the transaction process.

Blockchain time-stamping for closing documents

Visit M&A teams can now secure their transactions thanks to our blockchain time-stamping technology. This solution offers several advantages:

  • File authentication
  • Data integrity
  • Traceability of exchanges

Our platform enables M&A professionals to manage their processes efficiently. L’blockchain time-stamping for closing documents provides immutable proof of transaction history, reinforcing confidence between stakeholders in M&A transactions. This technology ensures the validity and chronology of documents exchanged throughout the closing process.

Blockchain time stamping for M&A offers

Visit Mergers & Acquisitions (M&A) teams face challenges in terms of chronology and documentary evidence. Our platform meets these needs with :

  • Securing strategic documents
  • Traceability of offer versions
  • Temporal integrity of negotiations

M&A professionals use MyProof to record transaction milestones. L'blockchain time-stamping for M&A offers creates a reliable history of exchanges. This method ensures the exact chronology of proposals and counter-proposals during the due diligence process.

Secure file sharing for acquisition target analysis

Visit M&A teams face unique challenges when evaluating acquisition targets. MyProof meets these requirements by offering a secure file-sharing platform. This solution facilitates :

  • Transferring confidential documents
  • Coordination between stakeholders
  • Managing access rights to critical information

This secure dataroom enables professionals to carry out their due diligences in the best possible way, while guaranteeing the protection of the data analyzed. Users benefit from a reliable digital environment for their M&A operations.

Secure datarooms for M&A due diligence

Visit M&A professionals require solutions to secure their data during transactions. Our virtual datarooms platform facilitates document sharing and improves the efficiency of M&A processes.

MyProof offers a digital environment dedicated to M&A due diligence. This solution enables :

  • Structured information organization
  • Controlled distribution of documents
  • Managing access to sensitive data

The parties involved in financial and legal due diligence operations can thus collaborate within a secure framework, preserving the confidentiality of exchanges.

MyProof demo appointment

Use the calendar below to arrange a demonstration appointment with a member of the MyProof team.