Krypted Signature can be a main attraction for some use cases as it is a way to timestamp diplomas and certificates.
Timestamps are very useful, in essence they function as notaries and hand out certificate that vouches for the fact that a certain data set looked a certain way at a given time.
For this, KryptEd Signature service would usually hash the data and publish the hash widely or put it somewhere that so that at a later point it can be proven that the hash existed at that point in given time. If the hash existed, the data must have existed too, because it is unfeasible to store the hash first and then later come up with convenient data that matches it.
A good place to store the hash is a blockchain. A hash stored on a blockchain can not be altered later, and thats how KryptEd Signature will make sure fake diploma fraud will be obselete in the near future.
By getting people KryptEd.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Thank you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit