Imes Discussion Paper Series Institute for Monetary and Economic Studies Bank of Japan

Time stamping is a technique used to prove the existence of certain digital data prior to a specific point in time. With the recent development of electronic commerce, time stamping is now widely recognized as an important technique used to ensure the integrity of digital data for a long time period. Various time stamping schemes and services have been proposed. When one uses a certain time stamping service, he should confirm in advance that its security level sufficiently meets his security requirements. However, time stamping schemes are generally so complicated that it is not easy to evaluate their security levels accurately. It is important for users to have a good grasp of current studies of time stamping schemes and to make use of such studies to select an appropriate time stamping service. Une and Matsumoto [2000], [2001a], [2001b] and [2002] have proposed a method of classifying time stamping schemes and evaluating their security systematically. Their papers have clarified the objectives, functions and entities involved in time stamping schemes and have discussed the conditions sufficient to detect the alteration of a time stamp in each scheme. This paper explains existing problems regarding the security evaluation of time stamping schemes and the results of Une and Matsumoto [2000], [2001a], [2001b] and [2002]. It also applies their results to some existing time stamping schemes and indicates possible directions of further research into time stamping schemes.