Apostille presentation

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Apostille Branded, Certified, Transferable, Conjointly Owned, and Updatable Blockchain Notarizations Powered by NEM Blockchain Technology

Transcript of Apostille presentation

Page 1: Apostille presentation

ApostilleBranded, Certified, Transferable, Conjointly Owned,

and Updatable Blockchain Notarizations

Powered by NEM Blockchain Technology

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Blockchain … Notarization• “Bitcoin is a Blockchain but Blockchain is not

Bitcoin”• Notarization is the official fraud-deterrent process

that assures the parties of a transaction that a document is authentic, and can be trusted. (Source: Wikipedia)

• Apostille is a service & a 2nd layer protocol that additional applications can be built on.

• Apostille focuses on using blockchain technology to prove the existence of documents in a dynamic blockchain setting.

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A New Perspective Know Your Object

KYC KYO?

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Do More With Blockchain

Notarizations

Conjointly Own

Transfer Notarizations

3rd Party Certification

Update and Amend

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Prove Authorship • Use to show

authorship

• Share rights with others

• Keep track of updates and new versions

Novel Blockchain Notarization Use Cases

Achievement Certificates • Awards can be made

non-transferable

• Can be certified by multiple parties

• Identity and data can be public or encrypted

Counterfeit Prevention• Make a notarization

for each item

• Counterfeiters aren't able to reproduce a certificate

• Notarizations can come from officially branded and named accounts

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Two-Party Contracts• Multiple parties

sign and upload the file

• Additional partners can be added or subtracted

• Notes can be added

indicating the status of the contract

Novel Blockchain Notarization Use Cases

Property Titles• Add messages to

show repairs

• A full history of owners can be seen

• Can transfer the blockchain notarization when a sale occurs

Logistics• Track items with QR

codes attached to each package

• QRs not only hold account info, but also messages

• Namespaces allow the buyer to know exactly who scanned the QR

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How Does It Work?

Apostille utilizes core features of the NEM blockchain technology.

Each input file is hashed and that digital fingerprint is included in the blockchain.

A dedicated key pair is created for each input file. The fingerprint of that file and any additional data can be sent to that account.

Branded, Certified, Transferable, Conjointly Owned, and Updatable Blockchain Notarizations

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Apostillle Uses NEM´s Features

Document fingerprints, notarizations and re-notarizations are transmitted using NEM’s messaging feature. Additional notes can be added in encrypted or open formats.

Sharing, splitting, and transferring blockchain notarizations are handled with NEM’s advanced multisig and multi-user contracts.

Branding of notarizations is done with unique domain names purchased on the NEM blockchain making sure no two people can make a notarization using the same name.

Third parties can also make comments about the status of the item notarized or updates on its repairs, amendments, and registrations. Official, branded, and non-transferable tokens can be sent to the notarized account certifying it.

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One Great Service, Two Great OptionsPublic and private chains designed to meet

the specific needs of each business

Permissioned Chain

• Good for 1000's tx/s

• Pay no tx fees

• Can be anchored to the public chain

Public Chain

• Anybody can use it

• DYI notarize on your PC

• Immutable and decentralized record

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• Enter your password, choose a description, drag and drop your file to be notarized and click send

• Your Apostille certificate and stamped file will be given to you in a zipped file as a receipt

Create

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• Drag and drop and look for confirmation whether the file has been notarized or not

• Any wallet can verify any file as long as the file is in the user’s possession

Audit

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• Use NEM’s Namespaces to buy a unique domain name

• Now two people can not use the same brand name to notarize documents

Brand

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• Re-notarize the file to get a new file fingerprint timestamped on the blockchain

• Or send notes to the Apostille account to represent amendments status updates or changes

Update

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• Transfer accounts to pass control of the Apostille account to another user

• Or use NEM’s multisignature and multi-user contracts to split ownership of an Apostille account

Transfer

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• Use NEM’s mosaics to send certification mosaics or assets to a notarization’s account.

• Or use a notarized account to create its own assets and send those to other accounts.

Add Value

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• Monitor your account to make sure your notarizations are in order

• Track messages and transfers of notarizations

Review

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Download your version NanoWallet and run it locally: https://www.nem.io/install.html, or

Apostille Project Manager Jeff McDonald: [email protected]

Go to apostille.nem.io and try Apostille for free.

Try Apostille with the Mijin web wallet: http://mijin.io/nanowallet/#/