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Countless types of assets can be identified around the world, for which it is necessary to verify the corresponding ownership.
That's mine is a solution that has been designed to be potentially applied to all types of assets, both tangible and intangible. Firstly, the decision was made to develop a service dedicated to one of the specific areas in which the certification of ownership has great value associated with it: the automotive market.
Imagine a system in which:
All this is possible thanks to the Blockchain Technology.
The fundamental idea on which the That's mine solution is based is extremely simple:
Certify any change of ownership through a Bitcoin transaction made by the seller to the buyer; The transaction contains the information relating to the vehicle identification code (i.e. license plate number or VIN number); Once the transaction is confirmed, it is entered in the unique Bitcoin register and can therefore no longer be modified, but is accessible to everyone for verification purposes.
Current processes associated with the management of the vehicle ownership register are undoubtedly complicated (e.g. in Italy this functionality is not available online), long (e.g. in the UK it takes approximately 10 weeks to register a change of ownership) and can vary even within the same country (e.g. in the United States each state requires different documentation).
To ensure maximum usability of the solution, a mobile app was developed that takes into account 4 use cases already in operation:
The current That's mine solution was developed by relying on services made available by the TestNet bitcoin blockchain instead of the standard MainNet network, in order to ensure versatility and less complexity during the development phase.In particular, the advantages of using the Testnet version are attributable to:
On the other hand, the back-end architecture was developed by providing a business logic layer that interfaces directly with Bitcoin TestNet via an RPC call and an APP server with a Rest API layer designed to manage the interaction with the mobile app.
Voting: in contexts that require a high level of transparency and security, such as voting in public ballots (e.g. to express a preference in a survey), the Blockchain technology relies on crypto currencies to guarantee both the legal certainty of the vote and the transparency of the process.
IoT (Internet of Things): things rely on the use of the Blockchain technology to manage the authentication and integrity of messaging between themselves, in order to guarantee the use of a safe and reliable IoT network.
Ticketing: ticketing and couponing systems are highly complex. Furthermore, the risk of distributing counterfeit tickets is a major problem even for the more advanced and modern systems. Through the use of a web platform that exploits the specific features of Blockchain technology, it’s possible to create a secure and interoperable couponing/ticketing solution that still ensures the best possible end user experience.
SDN Security: the rise of Software-Defined Networks means that there are new ways for hackers to enter a network or system. Securechain is the solution that introduces security gateway into SDN, whilst creating a forensically auditable and unchangeable log of events. Securechain is built on the Ethereum
Secure Authentication: Authentichain is a new authentication system developed using Blockchain Technology. With Authentichain, it is possible to manage a private network of smart devices that are mutually authenticated and verified. It is also possible to easily extend the network and connect it to other networks (e.g. service providers, specialised technical support, etc.) while guaranteeing the actual identity of the parties involved and the traceability of access.
Insurances: over the years, complexity and costs related to the management of insurance processes have undermined the profitability of companies and inhibited the distribution of innovative insurance products. A platform was developed which, by integrating with the Ethereum Blockchain, facilitates the setting and enforcement of smart contracts for travel insurance. Insurechain is a solution that facilitates the automation of premium calculations, the management of appraisals and the settlement of certain types of claims, ensuring end-user transparency.