VIDT DAO Timestamping 2.0: Developing a dynamic context API

VIDT DAO has a complex technical history, particularly in regard to the implementation of timestamping as a solution for certain problems. However, throughout these developments, one element has consistently been present: the context. This proposal seeks to build a proof of concept for a new type of context implementation.

What is the context?

The context can be essentially described as the metadata of a timestamp. If you examine a certificate on FileValidator, you can observe the context of a timestamp that the system stores. Historically, the context has comprised the hash, the company responsible for timestamping the document, the individual who performed the action, and optionally, a description.

Now, with the open-sourcing of VIDT DAO technology, anyone can perform timestamps, leading to a newfound freedom in context implementation. This means the context can be adapted and implemented as per anyone's preferences.

A dynamic approach

This, however, would be a challenge when it comes to scalable software solutions and integrations. Especially if the context has to be adjusted for specific use-cases. This is why we are proposing building a proof of concept of a new way to build contexts; a dynamic context.

The idea behind this is to explore the usefulness and implementation of a context that can be adjusted per use-case, but still be readable on the go without knowing what it will look like.

You can see a dynamic context as a new way of explaining what a timestamp is. Perhaps a timestamp to you means that you agree with a statement, or that you have made an art-piece, or that you delivered something based on a contract. It can be way more than just ‘this document existed at this point in time’.

The development

We are looking to develop an API that can be used to timestamp any hash, and lets users decide the context themselves. The system needs to function in such a way that any type of context will be possible, and any type of context can be understood upon verification. There have already been publications on this topic in the past, and we will be expanding on these ideas.

If the result is successful, we are certain that the insights and learnings can be used by all integrators, and in the best case scenario even directly integrated using our system. This way we are directly contributing to the ecosystem.

The proposal

We are asking for a grant of 4,5 million VIDT DAO tokens. For the development, and R&D, of the implementation of the dynamic context. Part of this approach is to actively reach out and work together with integrators, like Quantum Air, and work together to improve the results.

This would result in an exciting new phase for the VIDT DAO ecosystem. An approach like this has not yet been seen before, and could mean a plethora of new use-cases that would have not really fitted the technology in its current form of implementation.