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Swedish Authorities legally recognising a Proof of Existence document on the Blockchain

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The current system of third party verification when applied to legally

recognised documents such as those that the government and other central

authorities deal with regularly is currently time consuming and expensive. This

is largely due to the exorbitant fees involved, and the bureaucratic

process that facilitates the verification.

I propose an alternative to this outdated and inefficient method for

verifying important documents. By utilising the bitcoin Blockchain

technology it is now possible to achieve the same level of security and

recognition of the importance of a document as is currently available,

however it can now be done in a matter of minutes rather than months, at

a fraction of the cost.

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