The i-Envelope is a legal means of proof that issues a date stamp for your idea or creation. It allows you to prove that your idea or creation already existed on a certain date. The date stamp issued by BIP SXM can be compared to the date stamp of the tax inspectorate or a notarial deed. You can use your i-Envelope to record your idea, concept, song, invention or movie script and more.
Having an i-Envelope recorded at BIP SXM may be quite useful: if somebody else claims the creation is his or hers, your i-Envelope will allow you to disprove that claim. Having recorded evidence of your authorship at BIP SXM can be extremely essential in the event of a (legal) dispute. The date stamp serves as a legal means of proof. However, the i-Envelope itself does not provide (intellectual property) rights or legal protection. The rights on a creation exist by law. (Also read: What is Copyright?)