#Japan #Tokyo #Web3 #Hitachi #Plathome

Introduction

In an exciting development for the future of digital interactions, Plathome Inc. and Hitachi Ltd. have announced the initiation of a proof of concept aimed at establishing a secure and efficient Web3 ecosystem. This collaboration merges Plathome's NFT technology, which records real-world assets on the blockchain, with Hitachi's advanced biometric security technology, BioSSI. The objective is to explore seamless Web3 experiences that eliminate the reliance on traditional smart devices like smartphones and PCs, making it accessible for a broader audience.

The Proof of Concept

The first phase of the proof of concept will take place on October 4 during the popular outdoor event, "Omagari Fireworks - Autumn Edition." The core of this experiment involves linking NFT tickets generated via Plathome's ThingsToken with attendees' biometric data. Participants who register their facial information will have it used to create a public key that enables them to access their NFT tickets without needing physical items. At entry, facial recognition will confirm not only the identity of the attendee but also their access rights to paid seating areas. This innovative approach aims to tackle issues such as ticket loss or forgetfulness while enhancing security by preventing ticket forgery and illegal resale through strict identity verification.

Background of Web3 Technology

The rise of Web3 technology comes amidst growing concerns over data privacy and the need for effective data utilization in an increasingly digital society. Web3 allows individuals to retain control over their own data and rights, fostering a self-sovereign identity model, enabling a more secure and privacy-conscious service experience. However, a prominent challenge has been the dependency on devices for managing these assets, which the Plathome and Hitachi collaboration aims to address.

Benefits of the Demonstration

By integrating ThingsToken with BioSSI technology in the Web3 space, this proof of concept aims to validate a number of key functionalities:

Device Independence

The initiative facilitates a seamless Web3 service experience that does not rely on the possession or operation of smartphones or other devices. This opens the door for users of all ages, including the elderly and children, to easily utilize Web3 services by simply undergoing facial recognition.

Bridging Digital Assets and Real-World Items

BioSSI technology enables confirmation of identity through facial recognition, granting access to registered personal data—including credit card information—stored in the Web3 ecosystem. Notably, this integration allows users to engage in paperless transactions and access rights seamlessly—from confirming the NFT ticket to redeeming physical entry tickets without carrying anything.

Prevention of Ticket Misuse and Loss

The prior registration process ensures that purchased entry rights are issued as NFT tickets by Plathome's ThingsToken, which are tied to the user's biometric data through BioSSI technology. Identity verification via facial recognition at the time of entry helps eliminate potential misuse or identity fraud.

Future Prospects

Looking ahead, the partnership aims to expand this innovative model to various events across Japan, incorporating multiple credential information, such as local coupons and hotel stays, linked with biometric data for a comprehensive self-sovereign management approach. The overarching vision is to cultivate a new Web3 economic zone, dubbed ThingsDAO, which would enable users to access various services regardless of device possession.

Moreover, there are plans to apply the integrated model of ThingsToken and BioSSI technology within logistics and supply chain sectors. By utilizing blockchain to record information about product origins and transportation routes, a tamper-proof management system can be established. This initiative promises greater transparency and efficiency in service delivery, enhancing consumer safety and brand integrity.

Ultimately, Plathome and Hitachi are dedicated to fostering a digital society where participation is safe and accessible for everyone. By leveraging advancements in Web3 technology and biometric identification, they aim to transform the way individuals engage with digital assets, paving the way for a more democratized and secure internet experience.

About Plathome

Founded in 1993, Plathome has established itself as a pioneer in Linux communications, supplying server technology across various sectors including logistics, finance, and government. Their blockchain innovation, ThingsToken, aims to tokenize real-world assets and promote Web3 societal implementation. To learn more, visit Plathome's website.

About Hitachi

Hitachi is committed to social innovation through a collaboration between IT and operational technology, contributing to a harmonized society balancing environmental goals, economic growth, and social welfare. Their global strategy spans several sectors, with Lumada at its core, creating value from data and addressing societal challenges. Visit Hitachi's website for more information.