Digital Timestamps: Your Questions Answered

21 April 24

Ever wondered how to safeguard your intellectual property in a digital world? Or perhaps you've heard of Digital Time Stamps and you're curious about what they are, how they work, and why they're important? Well, you're in the right place. Here, we answer some frequently asked questions (FAQs) about Digital Time Stamps.

So, what is a Digital Time Stamp? It is a service that allows you to store an encrypted fingerprint of your work on the blockchain. This encrypted fingerprint serves as a notarization of the idea, proving that you had the intellectual property at a specific point in time. This is essential for copyright protection and greatly simplifies the IP protection process by avoiding lengthy and expensive legal proceedings.

How does it work? When you use Digital Time Stamps, a unique digital signature is created to protect against file tampering. These signatures serve as proof that a file's content is identical to the original version. What's more, verifications are free and anyone can verify a file without needing an account. The system leverages the decentralized and publicly auditable Bitcoin blockchain, making it a cost-effective and trustworthy solution.

What are the applications of this service? The applications of Digital Time Stamps are wide-ranging, including document sharing, securing file integrity, and ensuring video integrity. Whether you're a creator looking to secure your work, a business aiming to protect its intellectual property, or an individual wanting to preserve the authenticity of your files, Digital Time Stamps can be a valuable tool.

How much does it cost? The timestamping process is near-instantaneous and costs $2.50 per file, avoiding the wait for Bitcoin confirmations. A list of processed files, their timestamp proofs, and transaction history is available, providing a comprehensive and transparent record.

In conclusion, Digital Time Stamps can provide a practical, secure, and cost-effective solution for protecting your digital assets. They offer an innovative way to safeguard intellectual property, ensure file integrity, and promote transparency in a digital world. So why not give them a try and see how they can benefit you?