Mifiel (Volabit)

Legally secured contracts on the Blockchain

Mifiel is the easiest and most secure way to sign electronically in Mexico. Using Advanced or Qualified E-signatures--which are presumed to be authentic in court and even more secure than autograph signatures--we provide an alternative to simple e-signature solutions that are mostly suited to legal systems in the U.S., U.K., and Canada. Most importantly, Mifiel is the first e-signature service that enables the transfer of ownership of legal documents online. Leveraging the distributed ledger technology of the Bitcoin blockchain, we allow government-vetted, fully-identified parties to endorse documents like titles and promissory notes by signing with their advanced electronic signatures. An advanced e-signature is not a signature in itself but a tool that allows its owner to generate unique e-signatures for each document she signs. It is often biometrically-linked to the signer, issued by the government, and encrypted with a password that only the signer knows--features that endow it with an additional degree of security. In 57 of 65 countries that allow e-signatures, this tool is available for public use (most notably in EU countries).