Understand Your Blockchain
From new supply chains, to better payments to digital driver licenses, the rise in blockchain applications is fueling the need for more insight. Business and government leaders must want benefits from their IT investments.
inQ understands that Blockchain technologies will achieve their promise when business and government leaders have data that show processes are efficient, citizens are safer, and supply chain are smoother. Unfortunately, existing big data technologies do not show this. inQ’s blockchain analytics solutions have the answer. Our blockchain analytics solutions enable companies and governments to:
Access both fundamental and advanced insights for public blockchain tokens
Review timestamping, book entries, audit trails and emerging trends
Trace digital tokens after launch to prevent misuses like money laundering
Monitor the secure sharing of sensitive information across partners within a single blockchain; patients, physicians, insurance providers, government agencies, employers
Whether you are using blockchain analytics already or just beginning, inQ Blockchain Analytics can get you to the next level. Contact us today to learn how our blockchain analytics solutions are the answer to your need for better blockchain and token insights.
Non-Fungible Tokens (NFT)
US dollars are fungible, meaning interchangeable. Certificates, Licenses and Attestations are not. Non-Fungible tokens are used to represent unique artifacts on a blockchain. Common applications include artwork, collectibles, gaming objects, real estate, Crypto Kittys, etc. Our solution represents Certificates, Attestations and Licenses as non-fungible blockchain tokens. In this form, any state change is recorded and immutable. The entire provenance of the artifact is easily accessible and verifiable by any user with the proper credentials.
The wallet acts as a key store. Using the wallet, a user can sign a transaction (i.e. approve a state change request). Additional attestation and derived credentials are stored as additional key pairs within the wallet. Our wallet will make use of highly secure Trusted Execution Environments (TEEs) contained within most popular mobile phone CPUs. By taking advantage of the CPUs TEE, all transactions are processed within the trusted execution environment and are never exposed to the host or network, providing a very high level of security.
Secure IPFS Asset Storage
One of the significant challenges to implementing a blockchain based solution is the cost and latency associated with storing and retrieving data. The addition of an IPFS data layer largely solves this problem. Using the IPFS protocol it is possible to store large amounts of data and create an immutable hash of that data which is then stored within a blockchain transaction linking the data to the blockchain. The IPFS hash is all that is required to retrieve the data from IPFS. The IPFS hash effectively replaces the need for a URL. This design provides other benefits that are complementary to the data security requirements of all three TTAs.
Decentralized Applications (dApps)
The decentralized applications (dApps) contain the central logic that orchestrates credential issuance and registration and enforces all security policies and state changes. Key issuance, replacement and retirement logic are also implemented in and controlled by dApps. The base functionality of the system can be recreated on any blockchain by porting the dApp to a programmable blockchain that meets your requirements. inQ dApp logic supports a wide range of functionality so you can quickly achieve a production-ready system. Subsequent releases will include tools that will enable an administrator to create or modify policies without programming or knowledge of blockchain or IPFS.