Deed Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! === Background of use-case === [[Blockchain|Blockchain technology]] has emerged with the potential to innovate and support the function of deeds in specific contexts. By design, blockchains contain an immutable [[ledger]] of transactions, recording transfers of information among users. Within this system, a particular type of transferable object, known as a [[Non-fungible token|non-fungible token (NFT)]], can be created. These NFTs are unique, verifiable, and protected against arbitrary tampering, thanks to the immutable nature of the blockchain. By incorporating [[metadata]] (additional information embedded in the object), NFTs can be tailored to reference and represent a wide range of assets in both digital and physical worlds. The blockchain’s immutability, proof of transfer and data transparency (information on the blockchain is generally publicly available to view) provide functions akin to those of a notary, such as ensuring the integrity and permanence of records. However, it is important to recognize that it does not replicate the full scope of legal authority and personal verification typically associated with notarial services. Nevertheless, proposals exist to further develop blockchain infrastructure, potentially expanding its use as a notarial mechanism in certain applications.<ref>*{{Cite web |title=ERC-721: Non-Fungible Token Standard |url=https://eips.ethereum.org/EIPS/eip-721 |access-date=2023-11-27 |website=Ethereum Improvement Proposals |language=en}} *{{Cite web |last=Pinto |first=Rohan |title=Council Post: A Blockchain-Based Digital Notary: What You Need To Know |url=https://www.forbes.com/sites/forbestechcouncil/2019/11/12/a-blockchain-based-digital-notary-what-you-need-to-know/ |access-date=2023-11-27 |website=Forbes |language=en}} *{{Cite journal |last1=Kleinaki |first1=Athina-Styliani |last2=Mytis-Gkometh |first2=Petros |last3=Drosatos |first3=George |last4=Efraimidis |first4=Pavlos S. |last5=Kaldoudi |first5=Eleni |date=2018-01-01 |title=A Blockchain-Based Notarization Service for Biomedical Knowledge Retrieval |journal=Computational and Structural Biotechnology Journal |volume=16 |pages=288–297 |doi=10.1016/j.csbj.2018.08.002 |issn=2001-0370|doi-access=free |pmid=30181840 |pmc=6120721 }} *{{Cite journal |last1=Dias Menezes |first1=Leonardo |last2=de Araújo |first2=Luciano Vieira |last3=Nishijima |first3=Marislei |date=2023-08-01 |title=Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience |url=https://doi.org/10.1007/s10207-023-00673-3 |journal=International Journal of Information Security |language=en |volume=22 |issue=4 |pages=869–880 |doi=10.1007/s10207-023-00673-3 |issn=1615-5270 |pmc=9961299 |pmid=37360929}} *{{Cite web |date=2022-05-09 |title=Notarize documents on the Ethereum Blockchain {{!}} AWS Database Blog |url=https://aws.amazon.com/blogs/database/notarize-documents-on-the-ethereum-blockchain/ |access-date=2023-11-27 |website=aws.amazon.com |language=en-US}} </ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page