Secure Timestamps for Document & Data Authenticity
Within certain industries, such as the financial services sector and the lottery and gaming industry, trillions of events of all kinds are being recorded, logged and timestamped in datacenters all over the world.
In many cases, within some industries, there are stringent regulations that govern the way in which events are timestamped, examples are:
- Banking & financial institutions- high frequency trading, the reporting on stock trades and financial instruments transactions
- Banking & financial institutions- fund management compliance, electronic ledgers, smart contracts. Every contract or transaction requires an audit trail using accurate, precise timestamping
- Lottery & Digital Gaming- ticket issuance, log recording- when the bet was placed.
Different organizations have different criteria for timestamping accuracy and precision, some of which are demanding and difficult to maintain.
Trusted timestamps support these use cases because they are applied using independently verified and auditable data and UTC (Coordinated Universal Time) sources and are generated by a Timestamping Authority using FIPS-compliant hardware - therefore they are not susceptible to manipulation by a local user.