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INTERNET | Internet Software & Services / Social
paperlesspost.com

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Stage

Series E | Alive

Total Raised

$32.6M

Mosaic Score

+10 points in the past 30 days

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The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Paperless Post

Paperless Post helps users create online and paper stationery that reflects individual aesthetic. The company's distinctive, customizable designs and powerful online tools make it easy to communicate expressively on any occasion-from everyday correspondence to milestone life events. Paperless Post collaborates with leading fashion and lifestyle designers, including kate spade new york, Oscar de la Renta, Jonathan Adler, and John Derian. To date, Paperless Post users have sent over 85 million cards.

Paperless Post Headquarter Location

115 Broadway 18th Floor

New York, New York, 10006,

United States

212-242-1234

Latest Paperless Post News

CBSE Clears Blockchain Exam! Student Records From 1975 To Go Paperless, Tamper-Proof

Sep 27, 2021

Dubbed as ‘Academic BlockChain Documents’ (ABCD), the Central Board for Secondary Education (CBSE) has launched a digital repository to store student documents including results, birth certificates, character certificates, leaving and/or migration certificates, etc on blockchain The CBSE states that it will digitise legacy records of Class 10 and 12 from 1975 onwards, and will append the same to the repository as soon as completed The repository will be used by students, academic institutions, employers and financial institutions to verify untampered and paperless documents, and/or access as and when required As blockchain takes initial steps towards greater adoption in India, the Central Board for Secondary Education (CBSE), in collaboration with the Centre for Blockchain Technology of National Informatics Centre (NIC) under the Ministry of Electronics and Information Technology (MeitY), has come up with a solution using Blockchain tech named as “Academic BlockChain Documents” to ensure the recording and storing of academic documents of students securely and in a tamper-proof manner. According to CBSE officials, the technology will ensure that academic documents can be accessed online by various educational institutes for verification at the time of admission for higher studies, counselling, verification by companies for job offers, or by banks during offering loans, in a trusted and verifiable manner. Currently, CBSE offers digitally signed certificates of classes 10 and 12 from 2019 to 2021. It claims to be pushing the issuance of these digital certificates of previous years up to 1975, in the coming months. “Upon issuance of new certificates by CBSE, the digitally signed certificates will be sent to the Blockchain-based system creating an additional secure link,” said a senior CBSE official. “Digitisation of legacy records of classes 10 and 12 from 1975 onwards is in progress and will be appended to the repository as soon as completed. Thereafter, this repository is set to become one of the largest digital academic repositories in the world, the official added. Presently, the certificate chain is managed by NIC at its data centres in Bengaluru, Pune and Jaipur. Blockchain Sees Adoption In Govt Circles Blockchain is a new-age technology that first hogged the limelight after Bitcoin gained traction. The technology is now being used by several sectors such as healthcare, cyber security, banking and supply chain management, among others. The central government, which has been sceptical about cryptocurrency, has lately been showing interest in adopting blockchain technology. For instance, remote voting may be a reality by 2024 (India’s next general elections), as claimed by Chief Election Commissioner Sunil Arora in March 2021. The Election Commission of India is working with IIT Madras for using blockchain technology to enable app-based e-voting to make the process more convenient by the time of the Lok Sabha elections. Further, in August 2021, the Indian stock market regulator – SEBI – had asked its depositories to use distributed ledger technology, popularly known as blockchain technology to record and monitor the security created as well as monitor covenants of non-convertible securities. The system will capture the process of creation of security, continuous monitoring of covenants by debenture trustees, the credit rating of the non-convertible securities by the credit rating agencies (CRA). The states like Andhra Pradesh, Kerala, Rajasthan, Maharashtra , Karnataka, Tamil Nadu, and Telangana have been using blockchain technology to issue Covid-19 test certificates, aiming to streamlike eGov services, and set up real-time document management systems to ensure transparency. In its report titled: “Blockchain: The India Strategy” released last year, the Indian government’s think-tank Niti Aayog advocated the use of blockchain for tracking and tracing drugs in the pharmaceutical supply chain, to improve claim verification and approval in the disbursement of fertiliser subsidies, for verification of university education certificates by recruiters and foreign universities and for management of the land transfer process. In July, it was reported that the centre is eyeing to build a platform based on blockchain that would help government departments, PSUs, banks and investors to verify the authenticity of the information submitted by startups . The government later supported that blockchain added an additional layer of security to the certificates, to verify the status of documents by startups, for accessing different opportunities by investors, procurement entities, government departments, and stakeholders.

Jul 12, 2021
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CB Insights Intelligence Analysts have mentioned Paperless Post in 1 CB Insights research brief, most recently on Feb 12, 2020.

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