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Nowadays digital information travels across the globe at the speed of light, all systems involving people's social, work and private life are interconnected and every information is easily searchable, shareable and copyable. 

 

However, this marvel of technology creates new challenges in the verification of information and in the protection of intellectual property, in fact it is extremely simple to appropriate others' creations, alter and make them their own, just as it is extremely easy to alter common knowledge, by manipulating information to pursue its goals.

 

To protect themselves from the appropriation and manipulation of information, notarization has been used for a long time, namely the deposit of certain information with a trusted third party, generally authorized by the States. Another protection mechanism in the alteration or omission of information is auditing, ie the certification of interconnected information (typically financial) by companies that are always trusted third parties.

Through notarization it can be shown to have possessed a certain information or that a certain information present at a given time has not subsequently been altered.

The protection of intellectual property is the ability to be able to demonstrate having conceived a work, an idea, a technological solution or any other creation of the human mind. Notarization is therefore proposed as a natural tool for the protection of intellectual property.

The main problems in resorting to traditional notarization of information are mainly the following:

  • costs: notarising or certifying information from notaries or specialized companies is very expensive;

  • automation: it is not possible to include traditional notarization / certification processes in an automatic flow, human intervention is necessary;

  • reliability: human certifiers always remain corruptible and prone to error, and their archives can be destroyed or tampered with by external actors.

The main blockchain network, thanks to their characteristics of immutability, indefinitely persistence, transparency and unrestricted accessibility, is the ideal solution for notarising information and facilitating auditing.

 

However, writing and verifying information on blockchain is complex for the average digital user: it is needed to define information representation formats, manage wallets and private keys, interact with smart contracts, buy tokens to pay for writing operations and finally make everything usable to its stakeholders.

Themis stands as a thin layer that simplifies the complexity of interacting with the blockchain to notarize information and verify it.

In fact, Themis provides a high level of self-service user experience that allows individuals and companies to independently prepare and write their own Timestamps on the blockchain, making them available to all those parties that may be interested in verifying and consulting them.

Themis is the self service and low cost solution for notarization and digital auditing.