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

Asset Decentralized Identifier Communication (AssetDIDcomm)

1. Purpose: Develop a secure, encrypted, decentralized data storage and messaging system for digital assets using Decentralized Identifiers (DIDs) and verifiable credentials.

2. 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.

3. Partners: Collaborates with Xcavate, a Polkadot-based protocol for tokenizing real estate assets, and other members of the Polkadot ecosystem.

4. Benefits:

   • Enhances data privacy and security.
   • Provides immutable and transparent communication for asset-related decisions.
   • Reduces risks of data manipulation and loss.

5. Use Cases:

   • Real estate tokenization.
   • Construction and planning projects.
   • Government infrastructure projects.

6. Feedback: Positive comments from industry leaders highlight the potential to streamline operations and improve data integrity.

7. Challenges: Addresses issues like centralized storage, data manipulation, and lack of accountability in traditional systems.

8. Future: Aims to launch a blockchain through Agile Core Time on Polkadot, with plans to operate in a regulatory-compliant manner.