The ITAD Blockchain

How to track your assets

Step 1: Establish your Identity

All actors must identify themselves to an OBADA “Registered Agent” (RA) who supplies “Identity Seals”. These seals are a “digital ownership label” which is attached to your digital device twin. The seal keeps you anonymous, but the Registered Agent you choose can identify you in the event of a problem. read more…

Get an Identity Seal

Using OBS as your Registered Agent

• free 

or

With any other OBADA Registered Agent

• ASCDI, OBS, TechBroker, Tradeloop, USOdy

• prices set by service provider

Membership Organization?

If your organization provide a membership service in the recycling industry.

Become an OBADA Registered Agent

• Become a trusted authority

• Help connect your membership to the blockchain.

How Identity Seals Work

The OBADA network is fundamentally anonymous, decentralized, with no “master list” of users. But complete anonymity is undesirable in the event of a problem, such as a dispute in ownership, a customs/border issue, or some other legal or contractual issue. So the OBADA network is based around trust anchors known as “OBADA Registered Agents” (RAs).   

RAs are known industry organizations, approved by OBADA governance, that maintain established membership policies for verifying identity and maintaining contact information.  Organizations such as:

• Trade Associations

• Trading Networks

• Other membership organizations, both for-profit and non-profit.

Once the RA has verified your identity, they will provide you with Identity Seals for your devices.   

• A single Identity Seal can be used for all your devices

• For additional privacy, a different seal can be generated for each device.

• For even more privacy, you can generate multiple seals from different RAs

• Fees for generating Identity Seals are individually set by each Registered Agent.

Step 2: Purchase System Credits

Credits act as a system-wide payment mechanism, to pay the organizations that run the blockchain and that provide end-of-life device services.  Credits are decentralized, yours to keep, spend or sell. Credits are interoperable with any OBADA-compliant service.

Step 3: Register your Devices as “OBITS”

OBADA calls the digital twin of your device an “OBIT”.   The OBIT is a “Carfax” of sorts, creating a permanent, tamper-proof record, which tells the story of any electronics device. It’s like an obituary for your laptop.

The OBIT ID is a universally unique, immutable identifier, used across the OBADA network, which works for any electronics device. It’s basically an encrypted version (a standard SHA-256 hash, technically) of the serial number and other easily obtainable information, commonly used by ITADs today to uniquely identify devices today. An OBIT more generally for any physical asset with a serial number.

Step 4: Create “Work Orders” for ITAD Services

A work order creates an immutable provable request for a device service to be rendered.  Work orders can be processed by any ITAD or equivalent business on the OBADA network, at the current or any future time.  Payment for work orders is deposited on the OBIT with credits, which can only be removed with cryptographic proof that the service has been rendered.