Most of us want to see the mass adoption of cryptocurrencies - that is what we have been eager for from the very beginning. In that case, it is necessary not to destroy the existing system but to let it integrate into the crypto-economy, evolve and become better. Therefore, even though notaries are not needed in the digital world because the blockchain fulfils their role, a notary is necessary in the real world. And MetaNotary is just a bridge between the digital world and the traditional one complementing blockchain functions to make them more applicable and synergic with traditional notary functions.
So, what a regular notary does in your neighbourhood, MetaNotary will do for you in the blockchain.
In fact, the notary's role in the digital world is even more practical and daily than in the offline world mainly because the digital notary can act through a smart contract automatically, without complex actions on the user's part.
What problems could be avoided by introducing notary and patent attorney services to Web3.0:
- High risk of fraud in the marketplaces
- an absence of an adequate escrow service
- an absence of a verification mechanism (technical and legal)
- the risk of assets loss without the possibility of recovery
So how are we going to make the world of digital notaries simple and intuitive?
Our global goal is to develop with the community and implement new standards for dealing with digital assets based on the work with traditional forms of law and integration with them.
We have chosen case studies to implement our approach:
- NFT Verification & Certification.
- NFT Research & Valuation
- NFT Custody & Escrow