The Open Blockchain for Asset Disposition Alliance
OBADA is an open, nonprofit NGO, run by industry stakeholders. creating a standard method for interacting with the recycling industry over the blockchain.
The mission is to build and maintain an open-source blockchain protocol that enables recycling industries, manufacturers, and individuals to track and document information technology (IT) assets from creation through their end-of-life.
Read more about our open, nonprofit blockchain at www.obada.io.
OBADA
VISION
To enable information technology supply chain participants to:
Safeguard ownership of IT assets.
Record provenance of devices, parts and ownership to reduce counterfeits
Control with whom owners share data about their assets.
Facilitate recycling and the circular economy.
OUR WORK
To enable information technology supply chain participants to:
Build and maintain an open-source blockchain protocol for the IT asset supply chain.
Provides “proof” of work completed on electronic devices
Enable provenance of devices, parts and ownership to reduce counterfeits
Provide IT asset data sharing capabilities across the supply chain
Enable increased data sharing with network participants including government agencies, manufacturers, retailers, customers, and recyclers.
BENEFITS
Creates an industry ecosystem and token economy model to facilitate economic exchange across the entire supply chain •
Validate ownership and prevents counterfeiting
Verify functionality and quality
Record events including data wipes, upgrades and location changes on an immutable record
Pre-pay and ensure payment for services and provide a platform for escrow
Verify IT assets are sold, donated or recycled.
Provide an ability to facilitate new industry product solutions to meet circular economy economic challenges
Create new information-based products/services by sharing data across the supply chain