Records Management, which is a product offering that is most often part of an Enterprise Content Management Platform, is the process of maintaining control of a specific version of a document so that it cannot be changed once it is declared as an official record.
Records Management products most often are certified to be compliant with the U.S. Department of Defense (DOD) 5015.2 specification for Electronic Records Management. One critical feature of an RM offering is the policy management capability. It allows records to be maintained and later deleted according to a policy developed by the enterprise.
While blockchain technologies are in their pilot stages, Aragon Research sees a direct intersection with Digital Transaction Management. Areas such as digital identity, signatures, and smart contracts are three key use cases to keep up-to-date with and emerging technologies such as Workflow and Content Automation will extend the automation of document-centric processes.
Blockchain is emerging as a disruptive force in the Digital Transaction Management market because it bridges the digital gaps between the transaction validation and verification process and identity management. This webinar overviews blockchain and the ways enterprises can prepare for blockchain in DTM.