Apostille - Transferable, Updatable, Brandable, and Conjointly Owned Blockchain Notarizations
Proof-of-Existence 2.0There have been lots and lots of companies or even whole blockchains dedicated to fingerprinting documents on the blockchain. These are mostly simple solutions that do no more than hash the document and anchor it in the blockchain with a one-off transaction.
Now Files Have Private KeysApostille is making a private key for each file from the user’s account information and file metadata. Then each time the file is updated or re-notarized the new fingerprint is always sent to the same HD account (as long as things like the file name and person sending it are the same).
Colored Account - Powerful Blockchain NotarizationsBut once we have a private key for a file, now some interesting things happen. We have a dedicated HD account (colored account) that represents that file and its blockchain notarization. Now information and assets can be sent both
to and
from that account. "Information" in NEM is sent as messages in either open, encrypted, or hex formats. "Assets" are sent as customizable assets (called
mosaics) that can be configured with fixed or mutable quantities, have transferability open or locked to third parties, have levies applied to them or be levies themselves, and have a unique name, and variable descriptions and divisibility.
Transferring a Blockchain NotarizationAnd via editing mulitisig contracts, control of that account can be passed from user to user. On NEM, multisig contracts can be m-of-n, where
m and
n can be any number 1-32.
Now a blockchain notarization instead just being a one-off fingerprint that is anchored in the chain, can be a moving, active, and updatable notarization, which both receives and produces new content.
BrandingNEM's
Namespaces technology now allows a company to buy its unique domain name on the NEM blockchain. It can be used to identify an account, e.g., a person can send to a name instead of an address. This is also useful as blockchain notarizations coming from a named and branded account can be known to have come from the authorized seller of a product and not a counterfeit.
Private Businesses Want Apostille in Their Private ChainsAnd, as far as private chains go, we are convinced NEM technology has one of the best private chains (Mijin). Once you go private and you lose PoW, it makes sense to go with the one that is the most secure, has the most features, and is the most scalable. We are convinced the all-around winner, in this case, is
Mijin and would love to put it in a head-to-head trial with any other private chain, so qualifying companies can now apply to get a
free enterprise-level private chain. Mijin chains anchored to the NEM public chain offer scaling of 1000's of tx/s with nearly the same immutability as the NEM public chain.
Apostille is Open-SourceApostille has released on the
NEM NanoWallet, for free!!! Sorry guys,
no fancy ICO, no partnership with big VC money, just two guys and a simple application to the NEM Community Fund for start-up money. With NEM APIs and the
open source Javascript NanoWallet, it was very easy following
this guide.
Apostille WebsiteWe will also release an Apostille website that will be ready soon. With the NanoWallet a person gets the full privacy of a local client handling all important processors locally and privately. With the website, a person gets nearly the same level of protection, but without the need to run a wallet or pay fees.
In the NewsApostille Press Release:
https://goo.gl/KJHyNmMijin Apostille Press Release:
http://mijin.io/ja/718.htmlApostille White Paper:
https://www.nem.io/ApostilleWhitePaper.pdfApostille Whate Paper (Japanese):
http://www.trend-stream.net/bitcoin/nem-apostille-whitepaper-japanese-3171/RoadmapApostille Proposed: March 24, 2016
Apostille Launched on Nano: October 4th, 2016
Apostille Website Launch: Late 2016
Stand Alone Mobile App: TBA 2017
Apostille is Easy to UseMaking and auditing a blockchain notarization is now as easy as
drag and drop.
making a blockchain notarizationauditing a blockchain notarization