Does anyone know of any software that encrypts some information and only releases the encryption key once a certain amount of time has passed? Or anything remotely similar? Was having trouble finding the right words to search for this.
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Time is very easy to change, and not at all protected. So it would be trivial to make this software think the time has passed.
You need some trusted source to keep a normal encryption key or password safe. A known person, a lawyer, a company, etc.