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Re: Musings on Notary signatures

2002-04-26 13:47:17

----- Original Message -----
From: "Jon Callas" <jon(_at_)callas(_dot_)org>
To: "vedaal" <vedaal(_at_)hotmail(_dot_)com>; "OpenPGP" 
Sent: Friday, April 26, 2002 3:48 PM
Subject: Re: Musings on Notary signatures
I don't see why this is a problem. Let's suppose I'm the notary and Alice
hands me a signature that she produced in 1972. I notarize it. Big deal.
It's 12:40pm on Friday, 26 April 2002. If you want to believe Alice's
why do you need mine?

A savvy receiver of both signatures will decide that the correct timestamp
for the document is within epsilon of my time, not Alice's.
It's not really a problem, but consider:

Alice is a stockbroker, Bob is a day-trader,
Bob needs a stock bought or sold at a certain time, which changes quickly in
value throughout the day.

With the notary as a simultaneous cc recipient and sender, it can add a time
verification to the transaction.

just a suggestion for a practical application at the user end.


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