Topic: BitsBeTrippin Created a service on Ravecoin's Asset Layer (Read 119 times)

7 minute video that highlights the system

https://youtu.be/DR3vF0h-Qew

Description

With the limited production of the Boring "Not" a Flamethrower VER 1.0 being 20,000 devices BBT Carter decided what a better way to help bridge the gap of unique assets with the real world assets through the use of the public, permissionless Ravencoin blockchain. Ravencoin community contributors recently implemented a asset system that allows registration of digital 'assets' on the Ravencoin network. This creates amazing opportunities to link real world assets with a blockchain.

To help move the understanding in the space we have created a certification service to digitally link your unique Boring Flamethrower to a blockchain. Choosing this item at checkout will kick off the process of registering your serial number and providing back you you a unique token (1 of 20,000) along with (500) later phase use subassets and the 1 unique SN tied and cryptographically unique asset. The unique token allows you to link digitally to your unique serial number and creates the ability for you to then link events such as images and video you do with your device to a immutable blockchain.

Why this matters?

This creates a whole new possibility of sharing the fun you have with your device specifically as with most social media the content is centered around you as the participant, not so much the device itself. What we are proposing is that your Boring "Not" a Flamethrower now can have its own history track of the fun you have had with it, digitally linked to the serial number. This provides the option to  single out the device itself and show a historical lineage of its usage and fun! If you were wanting to sell it or give it to a family member you could transfer them the digital asset with the physical transaction and it would post the fact of the transaction on the Ravencoin network. Bottom line, it gives you a independant, non-centralized layer to store even, transaction and validation of the fun you choose to post about the activity you shared to the network (think instagram, meets facebook, meets youtube for the flamethrower).

Lastly, if by chance you have went through this service with your "not" a Flamethrower and someone happens to stumble upon it in the distant future, they could simply look up a serial number lookup service we will be providing later on the roadmap to see if the asset was ever registered and what events were ever posted about it.

At the end of the day, anyone on here can take this entire process and do the same thing with any other asset on the planet. If you have an idea, ,get it done, part of us going through this activity is to help show you can work through the development required to make it stronger.