Notara: Efficient Blockchain Asset Notarization Service

Toyos-Marfurt, Guillermo - Abdallah, Rouwaida - García-Pérez, Alvaro

Resumen:

Traditional asset notarization methods are inefficient, expensive, vulnerable to fraud, and rely on the trust of a third party, such as a notary. In contrast, blockchain-based smart contracts enable the creation of decentralized notarization services, ensuring transparency and security without intermediaries. However, existing blockchain-based solutions often lack the flexibility for specific deployment for individual entities our groups. This work presents a demonstration for a unique customer-deployable notarization service, based on blockchain smart contracts. Our solution is designed to be a cost-efficient notarization service that can be quickly integrated into decentralized applications requiring notarization functionalities.


Detalles Bibliográficos
2024
Agencia Nacional de Investigación e Innovación
French Alternative Energies and Atomic Energy Commission
Blockchain
Smart contracts
Decentralized applications
Ingeniería y Tecnología
Ingeniería Eléctrica, Ingeniería Electrónica e Ingeniería de la Información
Inglés
Agencia Nacional de Investigación e Innovación
REDI
https://hdl.handle.net/20.500.12381/3686
Acceso abierto
Reconocimiento 4.0 Internacional. (CC BY)
Resumen:
Sumario:Traditional asset notarization methods are inefficient, expensive, vulnerable to fraud, and rely on the trust of a third party, such as a notary. In contrast, blockchain-based smart contracts enable the creation of decentralized notarization services, ensuring transparency and security without intermediaries. However, existing blockchain-based solutions often lack the flexibility for specific deployment for individual entities our groups. This work presents a demonstration for a unique customer-deployable notarization service, based on blockchain smart contracts. Our solution is designed to be a cost-efficient notarization service that can be quickly integrated into decentralized applications requiring notarization functionalities.