TARLAKENYO (Nov. 2, 2025) – The Securities and Exchange Commission (SEC) is set to deploy a new blockchain-powered platform designed to make corporate documents “immutable, permanent, and indestructible” to combat fraud.
The new system, dubbed the SEC Verification of Electronic Records and Information Trust and Authentication System (VERITAS), will use blockchain technology to create a more secure and efficient method for the digital signing and authentication of all corporate filings.
SEC Chairperson Francis Lim announced that the draft rules for VERITAS were issued for public comment on October 22, with the Commission prepared for an immediate rollout once the guidelines are finalized.
“By integrating blockchain-based digital signing and authentication into our processes, we aim to strengthen the integrity and reliability of reports and documents submitted by corporations to the Commission by making them immutable, permanent and indestructible,” SEC Chairperson Francis Lim stated.
He added that VERITAS reaffirms the SEC’s commitment to a digital transformation that not only enhances security but also reduces paperwork and slashes processing times.
VERITAS functions as a digital signature platform utilizing public-key cryptography. Instead of the current system that relies on one-time passwords, VERITAS will employ end-to-end encryption, multi-factor authentication, and cryptographic signing mechanisms tied to a user’s unique private key.
The system records every digital signing event on a decentralized ledger, creating an unalterable and time-stamped record. This is designed to prevent unauthorized access, tampering, or forgery.
