WORDPROOF TIMESTAMP ECOSYSTEM
Novelty – Bringing Europe to the forefront of blockchain development and setting global timestamp standards.
Effectiveness – WordProof Timestamp Ecosystem is built on European values. EU laws about consumer and data protection are integrated and answer to resistance from tech giants regarding EU-directives.
Societal – WordProof is a great enabler of infrastructure to make EU-laws workable for both the content owners or intermediaries and the readers or consumers, such as articles 11 and 13 of the EU Copyright Directive (Link Tax and Upload Filter), IP, fraud-prevention and fighting fake news.
EU-adopted UN Sustainable Development Goals – SDG 9 (Industry, Innovation, and Infrastructure) will be particularly positively impacted.
Economically – WordProof contributes to the EU-strategy Digital Single Market by creating fully inclusive digital opportunities for people and businesses.
Environmental – WordProof sourced for blockchain technology (EOS.IO) that has a small amount of carbon footprint to contribute to the EU Carbon Emission goals 2050.