The digital timestamp company GuardTime has scored another big potential contract, this time at home.
The Economic Affairs Ministry signed a memorandum of cooperation with the company for investigating ways of using the digital timestamps in the e-state, or online government services. The National Archive is currently expected to become the first to implement the GuardTime technology.
"Estonia's ambition is to be one of the most secure e-states in the world and GuardTime offers alternatives that are to be reckoned with in implementing Estonian public sector security solutions,“ said Economic Affairs Minister Juhan Parts. "GuardTime technology can be used to securely sign documents more easily than in the past and counterfeiting of documents and modifications unbeknownst to the owner becomes impossible."
The digital timestamping technology, which was recently embraced by a Japanese automotive safety company, was developed by Estonians Ahto Buldas and Märt Saarepera.
Estonia is set to become the first government sector to use the technology. In Estonia, one of the large banks uses the service.
According to GuardTime Estonia CEO Raul Vahisalu, it is mathematically impossible to crack the timestamp.
The National Archive has expressed interest in using timestamping. "Ensuring authenticity is one of the most important considerations when it comes to long term retention," said the digital archive office director Lauri Leht.