Notaries & Power of Attorney
Transform paper-based power-of-attorney process into a verifiable, efficient, and fraud-resistant digital credential system.
A Manual, Inefficient Process
In many countries, granting and using a Power of Attorney is a paper-based, fragmented, and costly process.
Issuing a Power of Attorney
The grantor visits a notary and proves they are the legal representative of a company.
The notary drafts the power, signs it with the grantor, and keeps a physical copy.
Copies are delivered to both parties, often with no central database to reference.
Revoking a Power of Attorney
Grantor or grantee can visit any notary office to initiate the revocation.
The receiving notary must contact the issuing notary to confirm the request.
They need the original document before proceeding, creating complex inter-notary coordination.
Using a Power of Attorney
Example: when a power is presented at a bank.
The grantee presents the physical copy of the power of attorney.
The bank calls the issuing notary to confirm authenticity.
Banks should contact multiple notaries to ensure no revocation exists elsewhere.
Many institutions repeat the process periodically, just in case the power was revoked.
This system creates unnecessary friction and cost for notaries, grantees, and verifiers like banks who manage repetitive checks.
The Solution: A National Trust Ecosystem for Notaries
In Utopia Country, notary system relies on the National Notaries Association, District Notaries Association, and individual Notaries. Verana digitizes this structure with verifiable credentials.
Establishing a Digital Ecosystem
The National Notaries Association launches a Notarial Trust Ecosystem on Verana to digitize and streamline the power-of-attorney process.
1 Publishes an Ecosystem Governance Framework (EGF)
Defines the rules for issuance, verification, revocation, and compliance.
Establishes the Power of Attorney Credential Schema.
Outlines procedures for onboarding participants
2 Designs the Credential & Permission Tree
Maps roles and permissions from National Notaries Association down to authorized notaries.
Publishes the credential schema and trust registry policies in Verana.
3 Creates a Trust Registry in Verana
Implements the rules and credential schemas defined in the EGF.
Maintains the list of authorized issuers, verifiers, and registry grantors.
Enforces revocation and validity checks across the entire ecosystem.
2 Implementation Diagram
Based on the defined EGF, here is the corresponding Power of Attorney Credential Schema permission tree to implement.
National Notaries Association
District Notaries Association
Notaries
Streamlined Digital Workflows
Issuing a Power of Attorney - with Verifiable Credential
When a notary issues a new power of attorney:
The notary drafts and signs the physical document as usual.
A digital copy is provided to both the grantor and grantee.
The notary issues a Power of Attorney Credential containing company, grantor, and grantee details.
The credential includes a hash of the digital copy to guarantee authenticity.
Revoking a Power of Attorney - with Verifiable Credential
The grantor or grantee presents the credential at any notary office.
The receiving notary can contact the issuer to revoke or use the ecosystem’s web service to revoke instantly.
Once revoked, the credential becomes invalid across the entire ecosystem.
Using a Power of Attorney - with Verifiable Credential
When the grantee presents the power to a verifier (e.g., a bank):
The grantee provides the digital copy and the verifiable credential.
The bank verifies authenticity of the credential and document instantly.
If the credential is active, the power is valid — no manual checks needed.
Banks can check revocation status automatically, eliminating phone calls.
Privacy Preserving Business Models
Verifiers such as banks or telecoms can pay a small micropayment per verification, so all ecosystem participants receive their commission.
Verifiers Pay
Banks and institutions pay small fees for each verification.
Revenue Sharing
All ecosystem participants receive proportional commissions.
Privacy Protected
Payment flows preserve user privacy and anonymity.
Conclusion: Saving Time, Reducing Costs
By digitizing the power of attorney process:
Banks and businesses save significant time and money by eliminating manual verification with hundreds of notaries.
Grantors and grantees gain confidence that their powers are instantly verifiable and securely revocable.
Notaries maintain their traditional role while joining a modern national trust ecosystem.
National Notaries Association reinforces its authority and delivers digital infrastructure that benefits all participants.
Verana transforms the power of attorney from a costly, paper-based process into a verifiable, efficient, and fraud-resistant digital credential system.
Ready to Digitize Your Notary Process?
Learn how Verana can help transform your notarial ecosystem with verifiable credentials.