Cryptographic Timestamping Mechanics For Unilateral Partner Equity Agreements
Cryptographic timestamping hashes unilateral equity agreements onto immutable ledgers to prove creation dates and prevent retrospective memory drift in disputes.
delivery proof
Meaning
Receipt documents generated at the moment of physical or digital transfer establish that a specific transaction occurred. Having a clear delivery proof protects a startup from claims that materials or intellectual property were never received. It carries a signature or a cryptographic hash that cannot be forged.
This record terminates the sender’s custody and begins the recipient’s responsibility.
Receipt Verification
Verifying that a package reached its destination requires an independent log. Digital systems generate automated receipts that link the transaction to a timestamp. This trail eliminates debates about whether a critical notification was delivered.
It provides a fact that overrides personal recollection.
Transfer Record
Documenting the handoff of physical assets prevents disputes over lost or damaged equipment during founder transitions. When a founder departs, they must return company laptops and prototypes, and obtaining a delivery proof completes this transition cleanly. This simple document lists the serial numbers and the condition of each item returned.
It sits in the company file as an executed receipt.
Liability Shift
Shifting the risk of loss from one party to another requires a clear, dated document. Once the delivery proof is signed, the company is no longer liable for the safety of the returned assets. This boundary prevents the departing individual from claiming that the company damaged the goods after return.
It defines the exact second when liability changed hands. A documented shift in responsibility protects both sides from unfounded claims of negligence. It settles the question of custody.