Primechain use-cases

Primechain use-cases

Blockchain technology provides immutable data storage, authentication & verification, enables smart asset lifecycle management and automates reconciliation.

1. Art (Drawings, Paintings, Photographs, Sculptures)
2. Asset Backed Virtual currencies
3. Bonds
4. Collectibles & memorabilia (Antiques, Cars, Celebrity memorabilia, Coins, Diamonds, Furniture, Jewels, Musical instruments, Shoes, Sports memorabilia, Watches, Wines)
5. Commercial paper
6. Commodities
7. Debentures
8. Government securities
9. Intellectual property (Copyright, Industrial Design rights, Patents, Plant varieties, Trade dress, Trademarks)
10. Invoices
11. Loyalty points
12. Luxury assets (Cars, Private aircraft, Yachts)
13. Mortgages
14. Real Estate (Holiday homes, Islands, Leases, Rental properties)
15. Stocks (shares of startups and other unlisted companies)
16. Stressed assets

1. Auction of assets
2. Bank Guarantees & other documentary credits
3. Charge Registry
4. KYC and due-diligence
5. Invoice discounting / Supply chain finance / Factoring
6. Loan origination & lifecycle management
7. Peer-to-peer lending & crowd funding
8. Peer-to-peer payments
9. Repository of AML, CBWT & STR records
10. Stablecoins
11. Stressed assets (NPA) marketplace
12. Syndicated loans

1. Automating swaps
2. Corporate finance book-running
3. Customized derivatives lifecycle management (with custom margin agreements, cash flows, swap conditions etc)
4. Depository receipts
5. Pre-trade, trade, post-trade and securities servicing related activities
6. Securities lifecycle management - creation, issuing, trading, escrow, redemption, retirement (for equity & preference shares, debentures, bonds, options, derivatives etc)
7. Smart contract based unbundled securities to enable separate trading and transfer of individual cash flows and encapsulated rights

1. Data marketplaces
2. Document authentication, verification & storage
3. Electronic signatures
4. Employee background verification
5. Encrypted communications
6. Encrypted data storage
7. Password-less authentication
8. Smart asset lifecycle management
9. Vendor on-boarding & rating

1. Assuring the integrity of operating systems, software, data and firmware used in military infrastructure.
2. Establishing the provenance of every hardware and software component
3. Secure messaging systems for resilient communications.

1. Depository of Academic Certificates
2. Repository of Educational Data.

Loyalty programs

1. Assuring the integrity of operating systems, software, data and firmware used in critical infrastructure
2. Immutable storage, authentication and verification of records e.g. Accounting records, Birth certificates, Business ownership & transaction records, Court & police records, Identity documents, Land records, Mortgage / loan records, Vehicle registries etc
3. Maximising transparency in the voting process in democratic elections
4. Maximising transparency in auctioning of Government assets
5. Registration and payment processes for government grants

1. Counterfeit drugs minimization through transparency in transactions between manufacturers, wholesalers, pharmacists and patients
2. Electronic Health Records
3. Preventing unauthorised modification of clinical trial data

1. Agent details registry
2. Auto insurance repository
3. Blockchain enabled micro insurance
4. National Policy & Claims Records repository
5. Policy & claims records
6. Shared KYC repository
7. Unclaimed Life Insurance repository
8. Verified Health & Policy Records

1. Digitising supply chain and other processes
2. Shipping containers tracking

1. Crowd-funding budding sportspersons and teams
2. Tokenization of players and teams
3. Sports contracts and sporting data
4. Smart tickets to end counterfeit tickets and "ticket scalping"
5. Marketplaces for digital collectibles

1. Identity management services to clients
2. Micropayment-based business models for purchase of music, mobile games, gift cards etc
3. Mobile payment systems