Notarization in Blockchain (Part 1)


Notarization and Blockchain: an Introduction

“Notarization is the official fraud-deterrent process that assures the parties of a transaction that a document is authentic, and can be trusted. It is a three-part process, performed by a Notary Public, that includes of vetting, certifying and record-keeping.”

Type 1: Proof of Existence

Hashing algorithm can detect even a small change of a document.
Using transaction ID, the record can be found in the Bitcoin blockchain explorer




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