The company with the bitten apple, Apple, has filed a patent application for a blockchain technology, which allows to create and verify timestamps or timestamps.

Apple has submitted a new blockchain patent application, in this case aimed at a prospective system developed to create and verify time stamps or timestamps, which is basically the verification of a sequence of characters that allows determining the date and time of the events. The application has been submitted to the United States Patent and Trademark Office on December 7, which seeks to offer a blockchain technology for the certification of timestamps as a combined program with Public Key Infrastructure tools.

This solution developed by the Bitten Apple company explains three possible methods for setting timestamps, which focuses on scenarios within a blockchain platform. They make use of a system of stored data linked by the information of the transaction within the blockchain network, establishing the situation of the data at a particular point in time. This tool generates a block with a timestamp. The following blocks are added as the miners verify the different transactions carried out on the chain.

This system is what the company has called the 'multiple verification architecture', which means that another system conforms the time stamp after the block is generated before the chain is added. The company clearly sees great benefits in the blockchain as a system of verification and approval of transactions by consensus by the members of the network, which makes fraud difficult. This platform has a decentralized structure, instead of a centralized one, allowing participants to have access to all accounting record data, allowing users to enter or exit as they wish.