- What is Blockchain?
- What is ReCheck and how does it work?
- What is ReCheck Trust Network?
- What is my Blockchain Identity?
- What if I lose my blockchain identity or my device gets stolen?
- How many products can I add to my profile/digital identity?
- How do I add facts to increase value of my products?
- How do I remove or amend facts about my products?
- How is my data secured after it has been stored?
- How do I transfer ownership to another user?
- How does a NFC sticker/tag work?
1.What is Blockchain?
Blockchain is a decentralized and distributed digital ledger used for record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
2.What is ReCheck and how does it work?
ReCheck is a mobile application provider on blockchain. It uses computer protocols called Smart Contracts that enable users to register, store, manage and transfer physical products and intellectual property on the blockchain.
3.What is ReCheck Trusted Network?
The RTN is a formed by a group of networked computers (servers), which together form a secure infrastructure for the execution of business transactions based on blockchain technology. Our aim is to create a fully decentralised environment managed and operated not buy a single party but by all of its members together.
4.How many products can I add to my profile/digital identity?
At the moment there is not set limitation for the number of products that can be registered and claimed by users.
5.How do I add facts to increase value of my products?
ReChek interface allows users to expand on the digital profile of an item in the “Make new fact” option within the “My items” directory.
6.How do I remove or amend facts about my products?
Once added on the blockchain, facts related to a certain item cannot be removed, but more facts can be included in order to give an update for the current status of the product and for better maintenance record.
7.What is my blockchain identity?
Each device with ReCheck app has its own unique ID on blockchain. It can be easily accessed by app’s interface and can be viewed/scanned via ID number or QR code.
8.What if I lose my blockchain identity or my device gets stolen?
You are given the option to backup your identity with a unique set of 12 words available for every device with the ReCheck app. Don’t show these 12 words to anyone.
9.How is my data secured after it has been stored?
The entire information you store is a subject to latest encryption standards on blockchain severely limiting the chance of malicious attacks on the stored data.
10. How do I transfer ownership to another user?
Using the user-friendly interface of ReCheck one can easily transfer ownership of a document, physical item, or intellectual property to another person at free will or upon purchase. The transfer of ownership requires the item is claimed (has owner) first, after which the identity code for the product is generated and available for a scan in the form of a QR code buy the buyer. Shortly after the transaction is completed and the item has a new owner.
11. How does a NFC chip/tag work
NFC tags are passive devices that only contain information and don’t feature a power supply of their own. The information they store is readable through the use of electromagnetic induction made possible with the use of your device or smartphone when moved closer to the NFC sticker or tag.