Replicating the security of physical processes
The solution actually replicates the “sealed box” and “sealed envelope” system of a physical tendering system in an electronic environment, and extends the same system to all three stages of the bidding process — bid preparation, bid submission and opening of the tenders.
SBP implements Public Key Infrastructure (PKI) at its very core, as opposed to other solutions that implement PKI like a wrapper, making SBP inherently compliant and future-proof.