Provide an efficient deposit service in fiat
Use the Blockchain technology to manage deposits of users in a secure and easy way, and without any outside party.
The Blockchain manages the deposit accounts in a transparent and secure way but the money is in fiat in a bank account. This means no money in Blockchain although users benefit from the use of smart contracts.
This service allows financial organisations increasing bank deposits and simplifying the management of bank accounts as far as there is only one bank account for many users. This is also a way to provide solutions to more than two billion of people in the world, who today has no access to financial services.
Easily certify pictures or documents without an outside party
Pictures or documents are signed by one or two parties and with a print and a timestamp in the Blockchain. With a connected smartphone, the certification process is also secure and very easy. The signatories just need their private key QR code printed on a paper or stored in a secure element of their smartphone.
This is a way to reduce drastically disputes between parties and claims can be more easily solved by a third party. Imagine all the applications for the insurance sector !
We can include these use cases in any mobile application. As an example, we demoed with Smartify.it at Finovate London 2018 a modernized delivery process for C2C web platforms with secure digital authentication, deposit account management and picture timestamp. Watch our demo.