A Prototype for securing non-digital assets using non-fungible tokens
Date
2022
Authors
Kabiru, Brian Mwangi
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
In the capitalistic world, there are many people acquiring and transacting assets. While many of them go about it the legal way, there is also substantial number of those that use any form of trickery to acquire the said assets in the form of forgery. Normal citizens as well as government institutions and financial institutions deal with non-digital asset documents during their day-to-day operations. The analysis of the said documents is not only time consuming but also stressful for the human resources to go through. While there exist many methods to analyse the documents, there is also an affinity to doctor the documents or bypass the process of verification which has many ripple effects. Due to this and other factors, there is need to develop a prototype to protect the integrity of non-digital assets in an automated form that is accessible to both the individual and the institution. Furthermore, to avoid tampering, the prototype must be free from mutable changes and the said changes must be public and open for viewing and verification. This research aims to explore the existing strategies deployed in Kenya and other countries to protect non-digital assets, their merits and their challenges after which a prototype based on the Flow Blockchain Network will be developed for the purpose of protecting, tracking and authenticating non-digital assets.
Description
Submitted in partial fulfilment of the requirements for the degree of Master of Science in Information Technology at Strathmore University