A new company called CertifiedTime Inc. claims that it is the first firm to offer a service that sets computers’ clocks to the federal clock and so provide a legally binding audit trail.
The service, called DirectConnect, is billed as the first commercial timing service that serves as a trusted third-party agent to deliver legally binding time-setting services that meet the rigorous requirements of e-businesses and auditors.
In use, DirectConnect establishes a secure connection between client companies and federally traceable timeservers. Time-setting events are logged locally and the records are archived at its Network Operations Center in California.
The firm said that its DirectConnect service mitigates the risk associated with e-commerce by allowing CertifiedTime to serve as an evidentiary witness to the time of setting events for customers.
A Legal Basis
DirectConnect President Mark Williams said that the service allows customers in sectors including financial services, insurance, securities trading, health care and government, to use an accurate time service that emanates from the National Institute of Standards and Technology (NIST), the legal basis for time in the United States.
“Obtaining verifiable time for transactions is essential for the future success of e-business,” he said, adding that his firm is offering time setting with an unprecedented audit trail for companies to synchronize with official U.S. time clocks.
“Companies for the first time have a traceable time record for transaction disputes based on time,” he said.
Single Hop Topology
The DirectConnect service works by delivering a private leased line to a “private router” within the customer’s secured operations center.
This connection effectively provides a single hop topology that provides a high bandwidth, secure connection to a regional Certified Timing Center (CTC).
CertifiedTime said that its DirectConnect service pricing plans begin at $3,000 (US$) per month for a 25-seat license, with the service available for almost all computer platforms, including Windows, Unix, Linux and mainframes.