Smartrac, a leading developer, manufacturer, and supplier of RFID products and IoT solutions; announced the launch of an integrated document verification and authentication solution that leverages blockchain technology.
The solution ‘dLoc’ is based on the company’s IoT enablement platform Smart Cosmos, its NFC transponders, and the distributed ledger technology, which is provided by its partner Factom, Inc., an Austin-based blockchain firm. The solution provides authentication of any vital documents from birth certificates to land titles and medical records.
The integration with Factom plays a key role in dLoc’s superior security. Any institution that issues vital records – governments, banks, hospitals, universities, will have the opportunity to use the private key of Factom’s blockchain to seamlessly retrace each document’s history.
“dLoc is the first practical document authentication system that utilizes the Factom Blockchain to bridge the data integrity gap between the physical and digital world. We now have a reliable way to secure information on paper-based documents with digital data using blockchain technology,” Abhi Dobhal, VP Business Development at Factom said in a release. “dLoc’s data and identity authentication solution has great promise for both public and private sectors where paper-based documents are widely used.”
dLoc offers a feasible, off-the-shelf solution to the challenge of document verification and authentication, and thus eliminates the weakest link in the identity chain. The solution can be used in any documents with the help of a printed barcode representing a number, as well as linking personalized data to the document itself.
The documents will contain a dLoc sticker that contains a Smartrac Bullseye NFC inlay. These stickers support security features, like guilloches, UV print, micro text or latent image. The document will be linked with a unique ID of the NFC tag to create a 32-bit hash value, which is stored in Smart Cosmos and backed up in a public blockchain.
“We are proud to be the first to market with a document authentication solution that combines NFC’s convenience, the IoT’s capabilities and blockchain’s security while integrating into any issuance authority’s existing system. Offering convincing advantages over traditional QR code-based solutions, dLoc will definitely strengthen our position as a systems integrator in document security, and will meet the needs of governments, banks, hospitals, universities or any other institution that issues vital records,” Mitch Deyoung, Vice President, Product Management Secure ID & Transactions Business Division at Smartrac said.
The company’s dLoc solution will be showcased at Trustech, the largest trade show event dedicated to trust-based technologies. This event will take place in Cannes, France from November 29 to December 1.
Digital Currency
Smartrac launches document verification solution leveraging Factom’s blockchain
Smartrac, a leading developer, manufacturer, and supplier of RFID products and IoT solutions; announced the launch of an integrated document verification and authentication solution that leverages blockchain technology. …
Updated 2 min read
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