Potential applications

Application Scenarios

Potential applications

Timestamping can be used in many Internet-based services, which include verifying on-line transaction, witnessing intellectual property creation and certifying record integrity. It provides a reliable and accurate time to the digital file and ensures the integrity and confidentiality of its contents.

The following are some potential applications of e-TS:

E-commerce
Intellectual property protection Demo!
Brokerage house transactions
Electronic tendering/quotation/bidding
Contract/Document signing
Closed financial book
Will declaration

E-Commerce

	A buyer fills out an online order form on the seller's website
	The programme generates a purchase order and timestamps it
	The timestamp contains an accurate time, the hash value of the purchase order and the both parties' identities, which comes from their digital certificates
	Each party keeps a copy of the purchase order and the timestamp
	Add an accurate time to e-commerce transactions, especially those time-sensitive ones
	Increase confidence in online transactions

Intellectual property protection

	Creators obtain timestamps from the Time-Stamping Authority (TSA)
	A strong proof of ownership
	Discourage plagiarism
	Increase confidence in sharing works and ideas
	You can click here to see the Intellectual Properties Protection Demo.

Brokerage house transaction

	A buyer submit orders on the broker's website
	The programme generates a purchase order and timestamps it
	The timestamp contains an accurate time, the hash value of the purchase order and the both parties' identities, which comes from their digital certificates
	Each party keeps a copy of the purchase order and the timestamp
	Add an accurate time to the time-sensitive brokerage house transactions
	Increase confidence in online transactions

Electronic tendering/quotation/bidding

	Timestamp bidding/quotation/tendering document
	Add an accurate and reliable time
	Guarantee integrity and non-repudiation

Contract/Document signing

	Obtain a timestamp after the contract has been signed by concerned parties
	Prove the contract has not been modified since signed
	Obtain a timestamp when using a digital signature to sign documents
	Ensure the validity of the digital signature, even if the private key is revealed

Closed financial book

	Financial books are closed electronically after a job
	Obtain timestamps for the closed financial books
	Ensure no modification after the closed financial books is timestamped
	Save resources by just keeping soft copies of closed financial books

Will declaration

	After the will has been signed with proper procedures, obtain a timestamp
	Offer an accurate time by a trustworthy third party
	Ensures no change of contents or time after the will is timestamped
	Strong evidence in case of disputes