Polygon (MATIC) Blockchain

KwikTrust, home of the SuperNFT. We use blockchain technology and patent-pending protocols to make your NFTs, digital signing, and e-validation easier and more secure.

KwikTrust

Goal

KwikTrust is the next generation e-validation platform, and the home of the SuperNFT providing increased file security and creating secure transferable assets.

Its goal is to become the new global standard for signing and securing files, and transferring assets. The problems that KwickTrust solve are the security risks, high costs and bad data inherent in the file validation processes. Litigation is reliant on the authenticity of a document and different parties present their own versions of a file that may not be identical. Bad actors manipulate files and users don’t want to rely on third-party custodians, given the risks of deletion, and errors outside the user’s control.

The Platform

KwikTrust is an e-validation platform that provides provenance and legal protection. The platform enables self-certified and third-party validation of files, with the results stored securely on a blockchain, creating an irrefutable record of activity.

Users can record and validate intellectual property origination, contracts, accounts, invoices, references, qualifications, identities, video and audio files, and undertake know-your-client checks. Intellectual property and other assets can be represented digitally - including property deeds, company shares, asset ownership, and validated identities - which can be minted into a NFT (non-fungible token) as a permanent and transferable record of ownership.

The KwikTrust solution is faster, simpler, more secure and less expensive than competitors. It features triple lock security- each file is locked onto the blockchain with three separate hashes.

Use Cases

1. Create collaborative, secure digital working environments with full audit trail capabilities and tamper-proof file management, for working with business partners.

2. Record property deeds and other high-value assets by locking together the owner's identity and proof of ownership into a transferable Super-NFT (patent pending).

3. Onboard clients in a regulatory compliant manner for legal, accounting and professional services businesses, from KYC through to working in a secure digital working environment, sharing and granting privileged access to files.

4. Manage time-sensitive files online, like contracts that have an expiry date. KwikTrust will send you a reminder when a contract is about to expire.

5. Collate evidence for a legal case, so all parties agree in advance that the record is true, saving expense and time for the court.

6. Send invoices to customers on KwikTrust to prevent fraudsters from intercepting emails and changing bank details.

7. Record Covid data for individuals on the blockchain so records can’t be changed. Link an individual’s Covid test results, vaccination certificate, and vaccine batch numbers with their ID to create a verifiable ‘health certificate’ that can be used for travel and access to secured locations.

8. Record proof of ownership and origination of digital property, demonstrate provenance and authorship, and mint into a Super-NFT (patent pending) as a transferable asset; including - Intellectual Property, Designs, Computer Code and Digital Copyright - Digital Artworks, Music and Video

9. Record proof of ownership of physical and digital assets, demonstrate provenance, validate owner's identity, and lock together into a Super-NFT as a secure transferable asset; including - Physical artworks, collectibles, wines, and precious metals - Car, boat and aircraft ownership

10. Make company records tamper-proof such as the shareholder's register, a shareholders’ agreement, or minutes of a board meeting.

11. Manage supply chain relationships more efficiently by assessing risks, carrying out due diligence and validating information, in order to create and maintain clean and trusted data.

The SuperNFT

The limitation with old-style NFTs is that they aren’t linked to the owner’s identity so they can be easily lost or stolen.

This prevents people from storing higher value assets as NFTs. Why? Because we don’t trust them enough. For the NFT to reach its true potential and hit the global mainstream it first needs to grow up. It needs to become a store of value that extends far beyond representing ownership of a digital artwork. It needs to be capable of storing everything, everywhere, forever. Above all it needs to do so safely.

To achieve this lofty status, there are three issues that need to be resolved first: Identity, Provenance, and Security.

So how do we solve thisproblem?

By combining the owner’s validated identity, together with validated proof of the creation of the asset, and locking them together into a SuperNFT. KwikTrust’s, patent pending, SuperNFT uses blockchain technology to produce an irrefutable and permanent record of ownership, creating a fully transferable and tradeable asset, with a verifiable audit trail of activity

SuperNFTs are minted on the KwikTrust platform. The platform utilises the KwikTrust Protocol (KTP) and other popular technologies to drive software-as-a-service excellence in state-of-the-art SNFT’s infrastructure. The KwikTrust protocol is composed of a modular stack which includes IPFS, Hyperledger and Identity chain. Our modular stack works with Blockchain protocols to mint SuperNFTs. Our technology is blockchain agnostic.

This opens-up whole new asset classes, inlcuding, but not limited to: Financial securities and savings, share ownership of property, proof of ownership of physical assets intellectual property. The KwikTrust SuperNFT enables NFTs to reach their full potential.

KwikTrust Utility Token (KTX)

The KwikTrust KTX ERC-20 utility token has been designed to form an integral part of the KwikTrust ecosystem to create long term demand and use for the token.

Specifically the minting of a SuperNFT can only be paid for with a KTX utility token, and rights to integrate KwikTrust functionality into other platforms and deliver services to others on the KwikTrust platform, can only be exercised by purchasing and maintaining a minimum quantity of KTX tokens.

The uses of the KTX utility token are:

Mint Super NFT (1 x KTX pays for 1 x SuperNFT). This price can be increased or decreased over time to maintain the value of the KTX. NFT minting cannot be paid for directly with fiat currencies.
The right to integrate KwikTrust functionality into token holder’s own platforms. Platform owners need to maintain a minimum holding of KTX 5,000.
The right to provide a service to others on the KwikTrust network. Service providers need to maintain a minimum holding of KTX 5,000.
Discounted services for users. Services paid for in KTX receive a 15% discount.
Staking. Token owners can join and benefit from staking pools.
Purchase a voting identity to vote on Governance issues.