nChain Event
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V.1.3.1
V.1.3.1
  • nChain Event User Guide
  • Overview
    • Introduction
      • Target Audience
    • Features and Benefits
      • Independent Operations
      • Web3 Development
    • Core Concepts
    • Encoded and Unencoded Records
  • Using nChain Event
    • Initial Set-Up
  • Independent Records
    • Introduction
    • Functional Description
      • Write Record
      • Read Record
      • Verify Record
    • Use Cases
      • Lucky Number Tickets
      • Internet of Things (IoT) Data
      • Intellectual Property Rights (IPR) Evidence
      • Car Dealership
    • Tutorials
      • Data Integrity
    • API Workflow
      • Write Record
      • Get Location Status
      • Read Record
      • Verify Record
  • Linked Records
    • Introduction
      • Concept - Link Locations
    • Functional Description
      • Create Link Record
      • Read Link Record
      • Update Link Record
      • Delete Link Record
      • Verify Link Record
    • Use Cases
      • Luxury Handbag Provenance
    • Tutorials
      • Collection Integrity
      • Provenance Integrity
    • API Workflow
      • Create Link Record
      • Get Link Location Status
      • Read Link Record
      • Update Link Record
      • Delete Link Record
      • Verify Link Record
  • API Documentation
    • nChain Event API
  • Bitcoin SV Blockchain
    • Features and Benefits
    • Writing to Blockchain
    • Reading from Blockchain
    • Transaction Format
    • Troubleshooting
    • Glossary
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  1. Independent Records
  2. Use Cases

Car Dealership

PreviousIntellectual Property Rights (IPR) EvidenceNextTutorials

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.