Have you ever bought something used like a car, furniture, electronics, etc., and worried if everything would be as good as the person selling it to you said it would be?
Have you ever rented a place, lent money to someone, or just said ‘yes’ to a proposal?
So have we! Immediately after that, we have always asked ourselves the following questions:
Is the car really in pristine condition like the seller said?
What if the car breaks down on the way home from the seller?
Whose fault is it? How do I protect my wealth in marriage?
Will the person give me the money back?
So, how can we protect our own interest, avoid these scenarios, and get exactly what we paid for?
We have a solution. It is called the Notary Platform.
What will the Notary Platform app, ready for download, look like?
To provide you a better feeling for this we decided to devote this blog post about the application which will connect the blockchain technology with the notary services (and vice versa).
The integration of different digital sources will be offered for users to use.
The sources could be used separately or in combination.
These include:
- templates or written and then scanned forms
- sound
- picture
- video
- proof of existence (e.g. facial recognition, a retina scan)
- (the possibility to upload a digital file or just the hash of a digital file in case of confidential data).
The picture above, shows a rough process of how engaging in contracts on a go will work.
Our main focus is on two different and equaly important things. Design and functionality. The design of the Notary App is intended to be clean and minimalistic and with only necessary features included, so everyone can use it intuitively and understand it from the beginning on.
The basic features/functions included in the first official release, are:
Contracts
First feature that the user will come across in the Notary Platform app is the possibility for using the templates of various contracts. There will be specifically designed templates of contract awailable for different geographical regions (different laws,…), that you just add your personal information, and that is it.
Second option under “Contracts” will be the option which enables you to upload your own contract. Later on we will make it possible for customer to request an individual contract tailored to his needs.
Example: You want to buy a car or rent an apartment? You just use the designed template meant for buying a car and fill out the fields with required data.
Media
Each contract will have an option to add some form of safety which will serve as an additional proof in front of the court of law.
For now, we are looking to implement audio, photo and video recordings (+proof of existence — fingerprint, retina scan and facial recognition) to contracts and run them through blockchain technology together, under one hash.
Example: Before you sign a contract you have an option (for the safety of both parties involved) to take a video of the state of the car you are buying. The video will be added to the contract.
Storage
Signed contracts will be stored by the parties involved (their email), in the cloud and/or by Notary Platform (later on).
Payment
NTRY token will be used as a method of payment for the services inside Notary Platform. Of course we will also accept other currencies as $,€ and £. Our goal is to cover wide range of people (all generations and all life scenarios).
Please note, that this app is intended for the stage 1 of Notary Platform Project. Later on, many of features (smart contract, AI tech., combination of both, etc. ) will be unlocked/added.
NOTARY ICO STARTS on 10.10.2017
Join now http://www.notary-platform.com