Notarius Electronicus

A new white-paper is available: Notarius Electronicus, outlining the importance of the Trust Provider in an Open and Secure Smart Society

Abstract. There are different strategies to create decentralized open networks that are secure at the same time. Some are based on distrust and often rely on costly algorithms such as Proof of Work or Proof of Stake to prove actor’s in-tentions are not malicious, followed by a consensus method that determines the true state of the network. Other methods rely on trust, trust relationships, digital identities or identifiers and digital signatures to prove claims made. This paper describes the use of a “Notarius Electronicus” as a digital representation of a “Notarius Publicus” used in the real world, as a means to create Trust in an open digital network, digitally mirroring how we have created Trust in our open analog societies for millennia.

#new, #paper, #trust, #notary