A New York company is seeking the first of a series of patents for technology that would automatically and precisely authenticate times and dates of Internet communications.
BitWise Designs is seeking to patent its Internet Standard Time technology, which it hopes will become a standard for Internet timekeeping, Mike Wolf, a BitWise spokesman, said today.
The technology uses BitWise's AuthentiDate application, that includes a secure clock to determine times and dates for all files saved and online transactions for computers and networks connected to the Internet, BitWise Designs said in a statement.
The company is seeking partnerships to promote mass marketing for the technology, which they hope will be used to set a universal standard time for the Internet, Wolf said. The product will be available for shipping in six months. Pricing was not immediately available.
The explosion of Internet-based commerce is creating a need to precisely authenticate the time of transactions, Wolf said.