System and method for electronic certification and authentication of data

A method for authenticating original data, the method comprising:

• receiving multi-layered encrypted data comprising a hash code for each of a plurality of users, each hash code generated based on at least the same document, wherein a first encryption layer is individually encrypted by a plurality of users each using a different user-specific private key, which is in turn combined and encrypted in a second encryption layer using an organization-specific private key uniquely assigned to an organization;
• decrypting the second encryption layer to expose the first encryption layer using an organization-specific public key corresponding to the organization-specific private key;
• attempting to decrypt the first encryption layer using public keys that only decrypt data encrypted by private keys assigned to a plurality of authorizers pre-designated to authenticate the data;
• and
• determining that the users are the pre-designated authorizers only if the first encryption layer is properly decrypted using the authorizers' decryption keys.

A system for authenticating data, the system comprising:

• a memory to store multi-layered encrypted data comprising a hash code for each of a plurality of users, each hash code generated based on at least the same document, wherein a first encryption layer is individually encrypted by a plurality of users each using a different user-specific private key, which in turn is combined and encrypted in an encryption layer using an organization-specific private key uniquely assigned to an organization;
• and
• a processor to transfer the multi-layered encrypted data to a beneficiary device, wherein the beneficiary device is adapted to:
• decrypt the second encryption layer to expose the first encryption layer using an organization-specific public key corresponding to the organization-specific private key, attempt to decrypt the first encryption layer using public keys that only decrypt data encrypted by private keys assigned to a plurality of authorizers pre-designated to authenticate the data, and determine that the users are the pre-designated authorizers only if the first encryption layer is properly decrypted using the authorizers' decryption keys.