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

1. Auction of assets
2. Charge Registry
3. Contract authentication, verification & storage
4. Shared KYC and due-diligence
5. Cross-border remittance
6. Data marketplaces
7. Electronic signatures
8. E-money issuance and usage
9. Employee background verification
10. Encrypted communications
11. Encrypted data storage
12. Invoice discounting / Supply chain finance / factoring
13. Issuance of Bank Guarantees & Letters of Credit
14. Loan origination & lifecycle management
15. Loyalty program management
16. Password-less authentication
17. Peer-to-peer lending & Crowd funding
18. Peer-to-peer payments
19. Repository of AML, CBWT & STR records
20. Smart asset lifecycle management
21. Stablecoins
22. Stressed assets (NPA) marketplace
23. Syndicated loans
24. Vendor on-boarding & rating

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

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

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

Loyalty program platform

1. Assuring the integrity of operating systems, software, data and firmware used in critical infrastructure
2. Document authentication, verification & storage
3. Employee background verification
4. 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
5. Maximising transparency in the voting process in democratic elections
6. Maximising transparency in auctioning of Government assets
7. Registration and payment processes for government grants

1. Counterfeit drugs minimization through transparency in transactions between manufacturers, wholesalers, pharmacists and patients
2. Document authentication, verification & storage
3. Electronic Health Records
4. Employee background verification
5. Immutable storage, authentication and verification of electronic health records and record sharing protocols
6. Patient data access
7. Preventing unauthorised modification of clinical trial data

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

1. Digitising the supply chain process
2. Digitising other processes
3. Employee background verification
4. Shipping containers tracking

1. Crowd-funding budding sportspersons and teams
2. Tokenization of players and teams
3. Authentication, storage, and sharing of sports contracts and sporting data
4. Smart tickets to end counterfeit tickets and "ticket scalping"
5. Building marketplaces for digital collectibles

1. Employee background verification
2. Identity management services to clients
3. Loyalty program lifecycle management
4. Micropayment-based business models for purchase of music, mobile games, gift cards etc
5. Mobile payment systems