Notarization in Blockchain (Part 1)

In this three-part article, we will examine various types of notarization using public blockchain. The types include (1) proof of existence of a document, (2) proof of existence and ownership of a document, and (3) transfer of ownership of a notarized document. Blockchains mentioned include Bitcoin, Ethereum and NEM.

Overview

Notarization is always considered one of the use cases that distributed ledger technologies (DLT) can provide or even disrupt. Although in short term we won’t see the complete replacement by technology, there are…