Bitcoin’s Blockchain Timestamping Standards Face Off
A new version of the timestamping standard Chainpoint is being tested and will be released soon with new functionalities. However, the lead developer for competing standard Opentimestamps claims that the new version is too close to his team’s code. This article explores how Chainpoint works and how it compares to Opentimestamps. What is Chainpoint?....
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Uproov, a new and upcoming app for smartphones, is going to be the first to bring “heavyweight” real time global timestamping to the world, allowing anybody the ability to prove virtually anything without the need of “trusted” authorities. Timestamping is a process where certain information is wrapped in a block of the blockchain, thus engraving it “forever”. The concept is nothing new after the advent of Bitcoin, of course, and several online timestamping services have spawned in the past years: Tangible.io, Proof of Existence, OriginStamp, BitSig and BitProof. What can you do with a....
Let's start by stating the obvious – Warnings about the need for blockchain standards are premature and alarmist. It's too early to claim that a lack of standards is hurting blockchain technology adoption, or to call for standards bodies like the International Standards Organization (ISO) to get involved and define what they should be. (Though, there are already groups doing this). The topic of blockchain standards is complicated, and it extends beyond just seeing it as an interoperability challenge. This is because blockchain standards can be divided into three interrelated vectors,....
Creating international blockchain standards will not be an easy feat. Australia is poised to lead the international discussions, as they will act as secretariat of a technical committee. The country has proposed this committee to the International Organization for Standardizations, which approved the idea. But what does all of this even mean for blockchain and cryptocurrency enthusiasts? Global Blockchain Standards Are Coming. Standards Australia is the group that will lead the charge for establishing international blockchain standards. Dr. Bronwyn Evans, CEO of Standards Australia,....
Australia’s standards authority, Standards Australia, has asked the International Standards Organisation, commonly known as ISO, to commence work on setting global standards for blockchain technologies. Geneva-based ISO, the international standard-setting body that is widely recognized as the foremost global standards authority is being called by its Australian member to set up global standards for blockchain, the technology that underpins Bitcoin. Standards Australia is one of over 160 national standards organizations that the ISO recognizes as members and representatives from around the....
Delta Business Management, a London based investment company, is developing its own blockchain for timestamping, named Delta ID Coin. Douglas Millard, from Delta Business Management, told CoinTelegraph in a personal conversation on November 21st, that the addition will allow the company to register its users issuing a coin on the Bitcoin blockchain. Timestamping on the blockchain is not new in the cryptocurrency world, but for the ones that are entering this ecosystem late, a little explanation is due: the blockchain, the backbone of most cryptocurrency, is essentially a public ledger....