Proof of existence

Proof of existence

Proof of existence is a service that allows you to cryptographically prove that a document existed at a particular point in time. It works by submitting a hash of the document to a blockchain, which timestamp proofs its existence.
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blockchain timestamping proof cryptography

Proof of Existence

A service that allows you to cryptographically prove that a document existed at a particular point in time, by submitting a hash of the document to a blockchain.

What is Proof of existence?

Proof of existence is a service used to cryptographically prove and timestamp the existence of documents without revealing actual contents. It allows you to anonymously and securely store an online distributed proof of existence for any document. Here's how it works:

  1. You upload a document to the proof of existence service.
  2. The service generates a cryptographic hash of the document.
  3. The hash is sent to the Bitcoin blockchain to create a timestamp proof transaction.
  4. The service gives you back the timestamped hash as proof of existence for your document.

Later, anyone can verify that the document existed at that point in time by comparing a hash of the original document to the timestamped hash stored on the blockchain. As the blockchain is decentralized and immutable, this timestamp proof cannot be altered or tampered with. Proof of existence services are useful for copyright claims, ownership disputes, patent applications, legal proceedings, journalistic evidence, and any situation where proving origination time is important.

Proof of existence Features

Features

  1. Allows users to cryptographically prove a document existed at a particular point in time
  2. Uses blockchain timestamping to prove document existence
  3. Users submit a hash of the document which is recorded on the blockchain

Pricing

  • Freemium

Pros

Provides immutable proof of existence for documents

Low cost way to prove existence compared to notarization

Does not require revealing actual document contents

Cons

Does not guarantee document integrity, only existence

Relies on availability of blockchain service

Does not prevent disputes over document authorship


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