Blockchain- Demystifying the Non-Financial applications
Blockchain
Reimagining the way the world looks at data transactions - Blockchain is changing the computing world, for better.
“I think the internet is going to be one of the major forces for reducing the role of the Government. The one thing that’s missing, but that will soon be developed, is a reliable e-cash.”
Prof. Milton Friedman
“Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.”
Marc Kenigsberg
The event was attended by influential people in the digital space.
Blockchain democratised creation of currency, with Bitcoin (BTC). Another similar platform, Ethereum, gave us an even more advanced concept, called smart contracts. Smart contracts gave us truly decentralised, human-independent systems like Distributed Autonomous Organisations(DAO). Multiple crypto-currencies with inter-operation/transaction capabilities are built with Initial Coin Offerings(ICOs), to raise funding for blockchain based startups.
Blockchain is changing the way technology is solving problems across domains. On domains ranging from banking and FinTech, to government systems and education, blockchain is creating systems that have the potential to disrupt the current way of business. This is the biggest thing that hit the world, since internet itself.
And Appiness is right at the center of it. We are building the future with Blockchain now. A revolutionary product that may change the way we look at banking transactions. A hardware backed blockchain product with nano-technology, that can potentially wipe out counterfeiting menace as we know it. Yes, they may still be at a PoC level, but we believe our push in the blockchain domain is an effort in the right direction, for the future.
Are you looking for solutions or products on Blockchain? Appiness could be your destination.
Blockchain Projects by Appiness
ICO
World’s First Social ICO for Responsible Products (Confidential)
ICO
Commodity backed Cryptocurrency (Confidential)
Trustb.le
Counterfeit Protection
International Remittance Consortium
Solution Architecture Problem
Real Asset Provenance
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ICO
An ICO PoC with an underlying product transacted on a socially responsible network
Features
Mixing of social networking and virality with cryptocurrency Not adding a dollar value to good deeds, but a cryptocurrency, which can grow as reach increase
Solution
A social networking platform with a unique loyalty and reward program, powered by a cryptocurrency Proof of stake based cryptocurrency creation and interoperability with ERC 20
Location
India / Netherlands
Technologies
Ethereum, ERC-20, Proof of Stake Consensus Algorithm, E-commerce platform, Mobile App Integration
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ICO
Commodity backed Cryptocurrency (Confidential)
Problem
Cryptocurrency has no asset value associated High fluctuations in the value of cryptocurrencies
Solution
A cryptocurrency with the stability and real value of a commodity Clean whitepaper with mining and transaction clarity
Location
Australia
Technologies
Ethereum, ERC-20, Coin Exchange, Wallet, Mobile App Integration
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Trustb.le
Problem
A global pandemic worth $1.8 Trillion counterfeit goods. 2.5 million jobs lost every year due to unauthorised reproduction and counterfeiting.
Solution
A blockchain based counterfeit protection product for physical products. Digital authenticity and provenance, tracked with blockchain. Physical tracking with multiple security features including nCiD/magnetic strips/holograms
Location
Bangalore/Delhi
Technologies
Public Blockchain, Multichain, Non-cloneable ID
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International Remittance
Problem
Cost and speed of SWIFT network for international remittances for banks
Solution
Smart contracts based near-realtime processing system for a consortium of banks using block chain, and compatible with SWIFT when required.
Benefits
Distributed, secure, transparent, low cost. No single point of failure.
Location
Dubai/US/Ghana
Technologies
Private block chain (Multichain), Smart contracts
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Real Asset Provenance
Problem
Largest asset class in the world- Real Estate/Property. Largest source of litigations in the world- Real Estate/Property
Solution
A unique identity and assets title mechanism built on blockchain with hashing at both user identity and asset metadata. The result is a transferable, publicly verifiable, peer-to-peer, unforgeable, distributed ledger of real estate chain-of-ownership which is fully compatible with the current property laws.
Location
Bangalore/Delhi
Technologies
Public blockchain, Hyperledger, hashed asset fingerprint, custom protocol for miners
