A car dealer wants to keep details about customer's car orders private, whilst recording evidence of the car order to reduce the possibility of them being refuted by any party.
The information is kept hidden, but the fingerprint is recorded on the blockchain and is publicly available. That means that anyone with the original car order details, typically the car dealer, the purchaser and the auditor, can verify the order content and timestamp. In the case of any dispute, that information can be shared with the moderator / mediator.
Benefits
Transparency, proof of publishing what and when.
Private details are kept private and hidden.
Returns a location which the can dealer can distribute to auditors/users.
Anyone with the original data can verify that its fingerprint is at the location.
Note: A Car Dealership demo application for nChain Event is available from the Product Suite Platform.
