NTF’s General Timestamp API Consortium exists to foster the development and implementation of a new “general timestamp” structure with a
portable and efficient API library.
Current timestamps usually contain a date and time, sometimes with fractional seconds. However, they do not contain enough information to
be particularly useful, such as:
the amount of error that may have accumulated since the clock was last synchronized with a believable time source.
the timescale used (UTC, TAI) and a method for converting between differing timescales.