Secure Notary Cloud
Notarization Service
E-signature Service
Verification Service
Provide confidence that business data is authentic
Key Features
Ethereum Blockchain
Independent Verification
Smooth Integration via API
Custom White-Labelling
Embeddable e-signatures
Easy-to-use web interface
How can Secured Notary be used, and why should you care?
Blockchain Data Authentication
Essentials
Data “Fingerprints”
Anchoring data in the Blockchain
Provide confidence that data is authentic and unchanged. Example and use cases
- Suppose you have an executed agreement that is backed up to local storage or the Cloud. The other party to the agreement also receives a digital copy of the exact same document. In a few months, you get a call from the other party telling you that you didn’t fulfill the contract. That party shows you a document that seems to be original. But you suspect they made some changes to it.
- Using Notary technology, you compare a certificate you generated for this “new” document with the original document’s certificate. That way, you can be sure that the recent document is an identical bit-for-bit match to the one you have in backup storage. If they don’t match, you know that the other party has changed the document in some way and can confirm what they have is not the original document.
- A visual or musical artist may be skeptical about publishing creative assets on the internet. Using CAL Notary certification — a tool for copyright protection that can help confirm the date of origin — can change his mind.
- To do this, the artist creates a backup that contains pieces of digital art, music, photos, or anything else that can be copyrighted. Once the backup is complete, he can obtain a certificate with cryptographic evidence that could help his copyright claim in case of infringement. The record of the original pieces and their creation dates are recorded in the blockchain. Artist can confirm that his piece of art existed at a certain time in the past, was authored by him and assist his copyright claim
- Lawyers may need to prove to a judge and jury that a file in their possession has been in existence since a certain date and time. Using Notary, they can tie the file in their possession to data on the blockchain, which mathematically proves the existence of that exact file at the specific, earlier date in question.
A company keeps an archive of all of its old, paid invoices in a notarized backup. One day, the company receives a letter demanding payment for an invoice that was paid two years ago. The record in the blockchain is permanent and immutable, so the company can confirm that this invoice was re-sent by mistake.
A consumer buys a certified diamond with an associated serial number on it. He backs up the diamond’s “warranty of authenticity” and proof of purchase with Notary. After some time, he decides to sell the diamond. A prospective buyer can use Notary to verify that the diamond’s purchase records are unchanged, so he can confidently move forward with a third-party’s professional gemstone evaluation.
If we are talking about an individual user’s documents, these are examples of what they may need to sign and notarize:
- Rental/lease agreements
- Sales contracts or asset purchase agreements
- Loan agreements
- Permission slips
- Financial documents
- Insurance documents
- Liability waivers
- Healthcare documents
Research papers
Certificates of product authenticity
Nondisclosure agreements
Offer letters
Confidentiality agreements
Independent contractor agreements
FAQ
Blockchain is a technology based on the principle of a continuously growing list of data records, or blocks, which are linked and secured using cryptography. Each block contains a cryptographic hash of the previous block, including a timestamp and transaction data.
Most people know the term “blockchain” because it is used as the basis for cryptocurrencies like Bitcoin or Ether. But the underlying concept allows blockchain technology to have a variety of use-cases, such as file notarization, digital voting, creating smart contracts, and more.
The key advantages of the technology includes:
Security: Blockchain uses strong cryptography to create transactions that are impervious to fraud.
Distributed architecture: Blockchain leger is not owned by anyone as it can be distributed across multiple organizations and becomes more secure as replicas are added.
Impossible to backdate changes: Every transaction is written into the ledger once and cannot be changed thereafter.
Blockchain as a Service (BaaS) is based on the Software as a Service (SaaS) model. This approach allows customers to access and leverage blockchain-based applications, while a cloud-based service provider manages all activities required to keep the infrastructure up and running.
An electronic signature, or e-signature, is the software that links a signature to the signer’s identity and intent to sign to the time the document was signed. E-signatures streamline the document approval process by enabling online signatures with a click of the mouse or by using touch pad.
To sign a document with Secured Notary Cloud you will need to:
- Select the desired file by browsing, or drag and drop it
- Specify the signees by entering their email addresses
- Ensure all participants review and digitally sign the file
- Once all signatures are received, you can get signature and notarization certificates, which are publicly verifiable proof of the timestamp and integrity of e-signatures
Blockchain-based services for data notarization allows to notarize business critical data of any type automatically by creating a digital fingerprint for files and storing it in a public blockchain ledger. It empowers companies with independent validation of data authenticity and proof it existed at a specified date and time.