Our Github: https://github.com/OwlDocs/Ethereum/blob/master/Solidity/Src/DocumentProof.sol

According to IDC, the typical enterprise with a thousand knowledge workers wastes $2,5 million to $3,5 million per year searching for nonexistent information. BAE Systems study discovered that 80% of employees waste an average of half an hour per day retrieving information, while 60% are spending an hour or more duplicating work of others. Also, exponential data growth is increasing the need for enterprise content management and even more the necessity of securing confidential data, protection against data loss, and increased traction for risk mitigation in content management. Former employees are responsible for 80% of corporative data leaks. The use of "on-premises" model for folder sharing is inefficient and allows employees to steal, copy or share confidential documents with unauthorized persons, on top of remaining highly vulnerable to phishing or even ransomware attacks, causing a loss of U$325 million across the globe. Report Buyer estimated that ECM market size will grow from USD 28.10 billion in 2016 to USD 66.27 billion by 2021, at a Compound Annual Growth Rate of 18.7%. Owl Docs wants to put a dent in this market by providing a cloud solution that centralizes files in the company's instead of in the employee's account. Owl Docs also helps companies achieve productivity with advanced indexing of content (images with OCR or any kind of files, such as PDF or Microsoft Office and GApps by default), textually search for any content among the company's registered database, providing any kind of information within just a few seconds and avoiding the need of download. A complete environment built with privacy by design and privacy by default, with powerful data security, using a FIPS 140 L-2 Hardware Security Module to protect each account’s certificate, and applying cryptography to all data in rest. The audit trail of employees' activities is being recreated based on Blockchain technology to bring decentralization and document changes validation.

How our customers are solving that problem today The current model of document management and file sync services does not meet the needs of enterprises and new regulations imposed by legislation which affects businesses across the globe, especially small and medium ones that can't afford hiring expensive solutions, multiple vendors and IT team to manage its infrastructure. Larger businesses usually implement software like Citrix on-premises to get document management with audit and control, at a high cost of deployment. These companies also hire IT Pro to be in charge of controlling the infrastructure and managing suppliers. Nowadays, most businesses trying to recur to digital solutions already use services such as Google Drive, Office 365 or Dropbox. The common complaints from companies using these services mostly concern problems related to their file sync applications, the lack of confidence about who should get access to the files, how long employees or customers should be granted access to folders and files, friction on searching for documents, text indexing limitations a lack of auditing and corporate visibility. Another common problem with these services concerns the accuracy of the exact time when each audit activities occurred. Migration is also a pinpoint preventing companies to use a cloud service as their document management tool. Also, sometimes because of a vagueness in privacy and personal data protection laws, many companies still afraid to migrate to a cloud computing system, still abide by on-premises software, spending thousands of dollars in infrastructure and IT professionals. But using a shared folder on-premises also increases the risk of theft, copy, and sharing of confidential documents.