Identification of individuals as they travel can be a complicated task, specially when a police officer has to conduct this task on-the-go (e.g. on the street) and where biometric face scan is not possible. In those situations, the process is time consuming and is prone to errors.
In the United States, the prescription drugs are not sold packaged in the original package of the producing pharmaceutical company, but are packaged in bottles labeled by the distributing pharmacy.
Boost of e-commerce drives the corresponding growth of the postal and carrier services. Innovative models emerge that improve trust and transparency of chain of custody and upgrade currently prevailing ‘track and trace’ capabilities.
Many bio and agricultural producers struggle to effectively prevent counterfeit of their prized culinary goods. Customer trust suffers from series of scandals undermining the reputation of the countries of origin. Producers, who make significant investment in high quality, find their efforts compromised.
Despite the inefficiencies and dangers involved, trade still largely relies on manual processing of paper documents. Resistance to move to digital carriers and databases transpires mainly from deep-rooted cultural preferences of physical documents, certificates and stamps.
Net metering regulation, such as the one introduced in Brazil (No. 482/2012), unlocks vast commercial potential for decentralised small-scale photovoltaic (PV) electricity plants. Businesses and individuals can acquire stakes in solar pannels, and use crypto tags attached to mechanical meters to track electricity production and consumption on per-customer basis.
Robust data custodianship is a typical issue in emerging digital societies. While there is no doubt that hyper secure M2M data transfer between machines is a precondition, sadly, the same thing can't be said for M2C, C2M or C2C data exchanges.
According to the European Digitalization agenda, every EU Member State should provide the citizens with the unique digital identity until 2020. To support this initiative, countries and institutions require robust infrastructure to safely store and manage these identities.
Blockchain security uses cryptographic keys to attest ownership, so it is critical to keep these secrets safe. Storing them in a central location, as in a hardware secure module (HSM), offers a target for attack and creates a single point of failure. RIDDLE&CODE Asset management solution never stores signing secrets.
International cargo shipments currently suffer from the operational inefficiencies from burdensome document processing at all stages of the supply chain, as well as unreliable monitoring of cargo conditions via sensors.
The mass-adoption of electric vehicles is powered by the new generation of batteries, which enable to drive longer distances and reduce the infamous “range anxiety”. However, the market is flooded with fake or counterfeit batteries from China.
As a digitalized society, we are empowering “things” with the ability to interact and transact with online platforms more and more independently.
A solidly constructed global end-to-end supply chain requires two critical elements – confidence in the authenticity of the product delivered to a customer as well as effective monitoring of the goods-in-transit. However, currently operating supply chain suffer from a variety of limitations: substitution of original products with counterfeits, tampering with sensors, as well as increased product liability costs due to spoilage and waste.
Counterfeit, fraud and identity theft have raised strong consumer distrust and heightened their expectations worldwide. To preserve brand identity and consumer trust in our digital era, brands need to improve security, provide product transparency and provenance.
Current grid/energy/utilities infrastructure is limited by its design for one-way flows of energy and value. Developments
in the field of energy storage, such as new generations of battery packs, address the ever-growing energy demand, challenging
this traditional design. The combination of blockchain technology and cryptography can help overcome some of the limitations of the conventional systems and creates the opportunity for new business models.
The next generation of smarter vehicles will require an advanced wallet solution. Cars will automatically settle value and exchange data with charging solutions, smart city systems or parking zones without human interaction.
Energy grids will have to play a crucial role in building a more sustainable economy and powering future traffic systems. Current grid infrastructure is limited by design for one-way energy and value flows. The combination of distributed ledger technology and cryptography helps overcome some of these limitations and creates the opportunity for new business model
The aerospace industry is facing the challenge of keeping track of tens of thousands of different parts and sharing related part information and airworthiness status within the industry. Missing and/or unknown documentation leads to disruption and in worst case scenarios to fatal accidents, since some airlines face difficulties in keeping track of the detailed maintenance history for example of each fan blade within an engine.