Certyfile-Blockchain Certification

Product details

Q: Will you have to bring the blockchain to court ?

How does a blockchain-based legal contract operate in a courtroom? Will this work for a living trust, and have you ever had to go to court? Could I provide this as proof that I am a trustee in a trust document signed using your platform to a bank, DMV or other organization that requires legal proof? I hate paying for notaries, so will this actually replace a notary? Thanks

mugyourcardNov 14, 2022
Founder Team
iCommunity_Support

iCommunity_Support

Jul 3, 2024

A: Yes, you can provide this as a proof wherever you need
Thanks,

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Posted: Nov 14, 2022

This depends on your jurisdiction and what is required. This tool only proves that a given hash of a file exists at a specific time. So you take the original document and the receipt to court. Hopefully the blockchain is still operational when you need it or has been properly archived. The court can then find the appropriate blockchain online (likely Solana for low fees) and check that the hash of the original document matches both the receipt and the value in the blockchain proving that the document has not been tampered with after signing. You would be better finding a local bank that offers notary services as an account perk.

Founder
Posted: Nov 15, 2022

Dear Nathan, please don’t confuse people saying that “This tool only proves that a given hash of a file exists at a specific time”, because this not correct. All the hashes generated by Certyfile are correlated with a digital identity, created after the identity verificación process is ok. In this way any legal authority can trust in Certyfile evidences.

By other hand, Certyfile use Polygon, a robust and strong blockchain public network that serve thousands of corporate solutions. Also you must know that in the hypothesis that Certyfile disappear or you don’t want to use it any more, you will continue having access to your evidence.

Regards,