{"signature": "0x028928cc8751c4483d88dd77cf9104ed6019a2d27c290bf384b1b1c2e0a1b27918fa24733e626828d5e3e3f3296f3b528301fbd4ec08e6179fc5c7c4ea652ac91b", "application": {"round": "0xc114a5aa8bdba641b1c06e065b8a1d9dcc663440", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "StOlUjML0wXI4HMAQExNSl/wWFY3zS68gJ/9E0AbS4tPYdqYNu3SrqHvkgfnf26G", "encryptedSymmetricKey": "f901e3591d8e9b2d09ebca895be23650536f0fcca6df1032761df20e9bdad8e13d407572b0689b306ae7121683c3c3054d6840c02077fdc28011d0e6714d7d2dbc983643c110a06175bdae77e2f3500bacd70d94bb4b82ab06be33e04d2ef396130ffcda2d41d00b080d88f47437e41f31da8a0a56c4b3594f8362969c16a3b00000000000000020bee0f0c8e272c2520f4327cf90f51545f314321f42549cdef7e4d4bbb4fe9949ae410f2655d01aec1f2c1c8b319ba8a4"}}, {"type": "short-answer", "answer": "Bootstrapped", "hidden": false, "question": "Funding Sources", "questionId": 1}, {"type": "number", "answer": "3", "hidden": false, "question": "Team Size", "questionId": 2}], "project": {"id": "0x9bcc4b2b7ef82204508e781897bd261d885b9d303f7e408db29429923635de4c", "title": "verix", "logoImg": "bafkreih7deza3w6t7fhba4shd2i65gy5namjm45bvt4esept6ev5pt6cty", "metaPtr": {"pointer": "bafkreibo432xk7btwunhtx7z5tsgu3d6jx3p7ghg3aath76mgsczh3w7qm", "protocol": "undefined"}, "website": "https://blockfix.app", "bannerImg": "bafkreic7jffs3bfgsqwl2awigmbwxsdcihpitxfpstmie4iig53svcsbri", "createdAt": 1730935390546, "userGithub": "Rectiflex", "credentials": {}, "description": "Verix Token: Revolutionizing Industrial Asset Management through Blockchain\n\nProblem\nIndustrial asset management faces significant inefficiencies, increased costs, and challenges in maintaining asset value. Key issues include:\n\nFragmented Maintenance Records: Maintenance logs and warranty information are often scattered across systems, making it difficult to verify service histories and meet compliance requirements.\n\nCost-Prohibitive Blockchain Transactions: Although blockchain offers transparency and security, unpredictable transaction costs limit its adoption in asset-heavy industries.\n\nWarranty Compliance and Depreciation: Without accessible, verified records, assets can lose substantial value due to unverified maintenance histories and warranty tracking issues.\nSolution\n\nVerix Token (VRX) addresses these issues with a blockchain-based solution fully integrated into our asset management platform, BlockFix. \n\nVerix offers:\n\nGas Fee Optimization: VRX holders enjoy a tiered gas fee coverage model, covering up to 100% of transaction costs, making blockchain transactions financially sustainable for businesses.\n\nImmutable and Verifiable Records: Through BlockFix, Verix enables organizations to maintain digital, tamper-proof records for asset maintenance and compliance on the blockchain.\n\nAutomated Warranty Compliance: Verix streamlines warranty tracking, reducing the risk of value loss due to incomplete records and compliance failures.\n\nEfficient Work Order Management: For service providers, Verix simplifies work order creation and status tracking, enhancing operational efficiency and transparency.\n\nUpdate on Current Development\nWe have bootstrapped Verix from inception and completed significant development milestones, including:\n\nMVP of BlockFix Platform: The BlockFix MVP is functional, featuring a dashboard, work order creation, task tracking, and customizable interfaces for users.\n\nTestnet Deployment of Verix Smart Contracts: Our smart contracts are live on the testnet, incorporating core functionalities like gas fee coverage, asset registration, and service verification.\n\nPlans for Funding\nWith additional funding, Verix aims to:\n\nExpand Platform Capabilities: Further develop BlockFix, adding advanced reporting, analytics, and additional asset tracking features.\n\nBuild Industry Partnerships: Engage with industrial equipment manufacturers, maintenance providers, and warranty companies to integrate Verix into asset-heavy industries.\n\nStrengthen Security: Conduct in-depth security audits and testing to ensure platform robustness.\n\nMarketing and Community Outreach: Promote Verix to attract early adopters and partners, increasing its presence in the blockchain asset management space.\n", "lastUpdated": 0, "projectGithub": "BlockFix-app"}, "recipient": "0x9b1368A29E0b2824094A0faACdb67010E79a316f"}}