Nov 4, 2020 AERGO joins the Decentralized Trusted Timestamping Alliance in Seoul to provide the foundational technical platform to create the certification behind the alliances objectives.
Background on the DTT
It started when the Korean government changed the laws on electronic document authenticity certification. Currently, there is a stringent process of certifying and charging a fee to certify documents.
The government is turning to the private sector to create new immutable methods to certify electronic docs. This is the catalyst for Blocko to persuade major private sector corps to adopt blockchain.
This group of corporations forged the DTT Alliance.
Government Requirements:
– Blockchain-Based
– On Private Blockchain vs Public
An entity must be responsible for the certification & authentication of the electronic document, the alliance will use AERGO Enterprise platform to achieve the 1st requirement for the Alliance.
Some members will host their own AERGO Node to participate in the alliance. Though despite having a private blockchain as the governments initial requirement.
Corporations are looking to strengthen the certification with public blockchain anchoring.
Notable Alliance Members that will provide the public blockchain anchoring services:
-AERGO Mainnet
-Tokamak_Network
-hdac_rizon
The alliance has gained much momentum piquing the interest of many large corps like:
CJ Olive Networks
HDAC
DAEBO Communication
Lotte Information Systems
Bespin Global
Busan International Film Festival
Streami
Exsoft
Onther
Hanyang University
Fujitsu
Hyundai Autoever & more
The alliance has regular meetings AERGO is working to meet the demand of AERGO nodes in the Alliance member’s infrastructure. Exciting times as DTT Alliance standard of certifying e-docs receives certification from Korean Standard governing bodies More updates to follow.