MyProof use case

Blockchain time-stamping for term sheets

Visit term sheets play a key role in venture capital funds. Our technology uses blockchain time-stamping for these documents, reinforcing their integrity and traceability.

Recording term sheets in the blockchain creates an immutable digital footprint. This process makes it possible to :

Establish proof of existence at time T
Verify version authenticity
Prevent unauthorized modifications

In this way, investors can trace the history of documents and avoid conflicts arising from changes in initial conditions.

Sector & stakeholders

Software for venture capital funds

In the dynamic world of venture capitalThe accuracy and reliability of information are paramount. Term sheets, key documents in investment negotiations, require rigorous management and irrefutable traceability.

Blockchain time-stamping offers an innovative solution for securing these critical documents. It certifies the existence and integrity of term sheets at a specific point in time, creating indisputable proof of their status at a given date.

Investors

You need to prove the exact date of your investment proposals and secure successive versions of term sheets.

Contractors

You want to protect your interests by keeping an immutable record of negotiations and term sheet versions received.

Business lawyers

You are responsible for ensuring the integrity of legal documents throughout the negotiation and finalization process.

Financial analysts

You need a reliable history of term sheets to assess changes in investment conditions over time.

Have a question? Talk to a MyProof expert.

Challenge & solution

Securing term sheets with blockchain time stamping

Challenge

The challenge for venture capital funds

As a venture capital fund, you face a major challenge: guaranteeing the integrity and traceability of term sheets when negotiating with startups.

Traditional methods present several risks:

Document version disputes
Difficulties in proving the exact date of agreements
Risk of unauthorized modifications
Lack of transparency in the negotiation process

One of your colleagues recently shared with us a situation where a start-up contested the terms of an agreement, claiming that the final version differed from what had initially been agreed. Without irrefutable proof, the fund found itself in an awkward position.

Solution

Solution selected: Time-stamping

To meet these challenges, MyProof offers a blockchain time-stamping solution specially designed for term sheets. This approach offers you:

Indisputable proof of anteriority: each version of the term sheet is time-stamped in the blockchain, creating an immutable history.
Instant check : you can prove the authenticity and exact date of any document in just a few clicks.
Traceability of changes : every change is recorded, allowing you to track the progress of negotiations.
Enhanced compliance : blockchain time-stamping meets regulatory requirements for document retention.
Secure signature process : integration with electronic signature solutions to finalize agreements.

This solution allows you to conduct your negotiations with confidence, knowing that every step of the process is documented in an unalterable and legally recognized way.

Implementation

Time-stamping for venture capital funds

MyProof's blockchain timestamping is specially designed to meet the needs of venture capital funds in the management of their term sheets. This feature enables you to anchor the digital footprint of your documents in the blockchain, creating immutable proof of their existence at a specific point in time.

Thanks to this technology, you can demonstrate the anteriority of your investment proposals, protect your contractual terms and avoid potential disputes over the terms originally agreed.

1

Document selection

Choose the term sheet to time-stamp in your MyProof space.

2

Print generation

The system automatically calculates a unique digital fingerprint of the document.

3

Anchored in blockchain

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

4

Time-stamping certificate

A certificate detailing the timestamp is generated, providing legal proof of the document's existence at that precise moment.

Benefits

Blockchain time-stamping for fund transparency

The blockchain time-stamping of your term sheets creates a unique, immutable digital footprint, enabling you to prove the existence and integrity of your documents at any given moment without ambiguity.

By establishing a clear chronology of negotiations and versions of term sheets, you minimize the risk of disagreements on the terms agreed between stakeholders.

Instant certification of key documents avoids the delays associated with manual checks, speeding up the fund-raising cycle for your startups.

The transparency provided by blockchain time-stamping demonstrates your commitment to ethical investment practices, reassuring your limited partners and attracting new investors.

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 uses for MyProof among venture capital funds

Venture capital funds manage confidential information on startups and innovative companies. Our data security software for venture capital funds enables this sensitive information to be stored, shared and time-stamped, while facilitating collaboration between investment teams and stakeholders.

Secure storage of startup pitches and business plans

MyProof offers a document management solution for venture capital funds which handle a constant flow of pitches and business plans. This platform enables you to :

Organizing startup files
Manage access rights
Protecting confidential information

Thanks to this system, investors can analyze projects while maintaining the integrity of the evaluation process. The secure storage guarantees the protection of sensitive data held by entrepreneurs and venture capitalists.

Secure drive for storing investment files

Venture capitalists manage sensitive information linked to their investment portfolios. MyProof offers a digital storage solution to meet their security requirements. Our platform makes it possible to organize and store investment files in a structured way in a secure drive.

This system guarantees the protection and confidentiality of financial data. Visit venture capital funds can thus :

Collaborate on their investment projects
Share due diligence documents
Secure their strategic information

The MyProof platform provides a secure environment for managing digital assets linked to investment operations.

Alternative to the soleau envelope for business plans

To protect their investment projects, venture capitalists are looking for alternatives to the Soleau envelope. MyProof meets this need with a digital platform based on blockchain technology. This solution makes it possible to establish proof of anteriority for documents linked to fundraising and startups.

L'blockchain time-stamping offers several advantages for venture capital funds :

Recording the digital footprint of business plans
Guaranteeing document integrity
Certification of creation date

This method enables investors and entrepreneurs to reliably secure their innovative ideas, an essential aspect in the startup and venture capital ecosystem.

Blockchain time-stamping for startup pitches

Venture capitalists regularly evaluate new entrepreneurial projects. Our technology provides a solution for securing presentations of these innovative initiatives.

L'blockchain time-stamping for startup pitches certifies the origin and date of the concepts presented. This process protects intellectual property during presentation sessions to the public. venture capital funds.

This system creates a secure environment for exchanges between project promoters and investors. It enhances transparency in the startup evaluation and financing process.