Learning Cryptography Through Bitcoin’s Proof of Existence Feature

[jamie.redman1]

Proof-of-existence (PoE) is a utility built into the Bitcoin blockchain that allows anyone to store records in an immutable fashion.

Stored records held on the blockchain may not have legal implementations at the moment but very well could in the near future. For instance, the state of Arizona has introduced a bill recognizing blockchain-based contracts into the legal system. Even so, using the distributed database to safekeep certain data will make sure your records are cemented in history. This includes documents such as a will, a land title, digital copyrights, and more. Digitally storing your records on the Bitcoin blockchain takes a bit of practice but can be done by anyone.

Read More Here: https://news.bitcoin.com/learning-crypt ... existence/