[MS] DOT #1315 - Creation of an AssetDIDcomm System with AssetDID Credential Verification

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13zn...P5ju

Terminated 4d 11hrs ago

terminated

Description

https://polkadot.subsquare.io/referenda/1315

Asset Decentralized Identifier Communication (AssetDIDcomm)

Purpose: Develop a secure, encrypted, decentralized data storage and messaging system for digital assets using Decentralized Identifiers (DIDs) and verifiable credentials.
Features:
- Allows asset owners on any blockchain to store and retrieve encrypted data and messages.
- Uses shared verifiable credentials for secure communication.
- Integrates with the Kilt Protocol and Crust for decentralized storage.
Partners: Collaborates with Xcavate, a Polkadot-based protocol for tokenizing real estate assets, and other members of the Polkadot ecosystem.
Benefits:
- Enhances data privacy and security.
- Provides immutable and transparent communication for asset-related decisions.
- Reduces risks of data manipulation and loss.
Use Cases:
- Real estate tokenization.
- Construction and planning projects.
- Government infrastructure projects.
Feedback: Positive comments from industry leaders highlight the potential to streamline operations and improve data integrity.
Challenges: Addresses issues like centralized storage, data manipulation, and lack of accountability in traditional systems.
Future: Aims to launch a blockchain through Agile Core Time on Polkadot, with plans to operate in a regulatory-compliant manner.

Optionssingle

Votes·7

14Gn...YLEh

14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh

Abstain

# 3

I really like to see this integration of solutions between KILT and Crust, I think the approach sounds like a technology level solution that could attract usability. However, I didn't see a great use case for the DOT token in the whole process, which makes me not end up positioning myself positively for the proposal. I will vote abstain.

12s6...nE8h

12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h

Aye

# 1

I like the way they integrating with the KILT Protocol and leveraging Crust’s IPFS-based storage. Using those two specific tech from those well established ecosystem players seems to be beneficial.

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Abstain

# 3

The team looks reliable and experienced, but I can not see the direct contribution to polkadot usability.

13ED...KQbF

13EDmaUe89xXocPppFmuoAZaCsckaJy3deAyVyiykk1zKQbF

Abstain

# 3

Team seems very credible, but we need need to see a better use of DOT token. We agree with Ezio on this.

1xzc...1bX6

1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6

Aye

# 1

Being accepted in the FCA sandbox also means that Xcavate has the potential to show regulators the benefits blockchain technology can bring.We also like the KILT integration.

167Y...TY9F

167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F

Aye

# 1

Clear Aye for me. Their vision, and product idea is solid, also RWA is a hot topic right now will open lots of opportunities globally (big upside), and if it is generating traffic they are in the market for blockspace, and that is what we sell.

15fT...yBzL

15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL

Nay

# 2

The team is looking solid. The feedback from the community is signaling the project as a requirement. And all aside, I would like a team with these qualities to work and experiment with Polkadot SDK. Yet, the project deliverables do not contain source code, which implies closed-source software. I have to vote nay on closed-source development unless there are very good reasons. Nay.