Overtheblock’s team constantly explores ways to tackle relevant business pains and societal issues.
Below it is possible to find a list of prototypes showcasing how blockchain may be fruitfully adopted in different industries.
If there is a business pain you would like to discuss or you just would like to know more about the benefits of adopting blockchain in your industry, just get in touch. We will be happy to arrange a call.
A Decentralized Solution for Second-hand Clothes Recycles in the Fashion Industry
Fashion and textile industry
Reclothes is a blockchain-based solution (built on top of Hyperledger Besu) favoring the second-hand clothes recycles in the fashion industry. Reclothes allows a company operating in the fashion sector to implement a decentralized, transparent and secure mechanism to record information relating to business relationships among partners and people interested in selling their second-hand clothes and/or buying second-hand upcycled clothes. To promote cooperation in the circular economy process, the solution implements a “double incentive” mechanism by adopting two different fungible token implementations. Leveraging private transaction processing tools, the consortium partners can define their commercial agreements and carry out transactions in confidence, without releasing any information unauthorized third parties.
A blockchain-based solution for transparent and trustable digital agreements
Freelancers, Gig-Economy, Second-hand P2P transactions
Unenforceability of agreements, lack of trust, contract complexity, late payments.
The Digital Handshake prototype allows conducting business transactions with untrusted parties by leveraging smart contracts. The solution exploits the intrinsic benefits of DLTs to guarantee a verifiable process with automated payment and fair dispute resolution. The dispute resolution mechanism leverages a custom token and a decentralized escrow service to guarantee a fair and fast completion of the business transaction. The prototype is built on top of the EOSIO blockchain platform.