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hollyhoppet wrote
notarization at its core is a government endorsed person called a notary says "yes this document is official and i've seen it." why does a timestamp matter?
twovests wrote
if i want to be able to prove that i had something notarized at a specific time
hollyhoppet wrote
e-notary services do this already without a blockchain and i'd trust a notary as a source of proof more than anything blockchain related
flabberghaster wrote
I think the only thing using a block chain buys you over a normal notary is that everyone can see that the notary signed off on it in real time, so that if you have a corrupt notary (or one gets hacked) and they sign off on something while claiming they saw it before they actually did, people would be able to prove it.
You could however, make the signatures public without a block chain type scheme, to achieve this.
twovests wrote
Wouldn't these not have as strong of a timestamp? My understanding is that the only benefit of notarizing """on a blockchain""" is that there are a lot of copies of the database everywhere with the same timestamp, and that there are some blockchain-based enotaries out there?
I don't mean this rhetorically, I've never actually used a notary (electronic or otherwise) so this is a gap in my knowledge (I don't know what to search for to fill that)