ivault.app – our B2C platform – is the first blockchain-based social network that can be used as a handy lost & found app locally and globally at the same time thanks to our search engine to find lost or stolen items.

With the ivault app, anyone can easily protect their property. Items can be registered in order to always have a mobile proof of ownership, which is – thanks to blockchain – also 100% forgery- and hacker-proof. Right on your smartphone wherever you go. In case of a loss, reporting stolen or lost items is simple and fast with just one click. Thus, the entire ivault community in a location or within a certain radius can help users search and recover lost items.

As a local social network and neighborhood app, blockchain technology provides the highest level of security and the best possible protection for personal data. Registered items can thus also be lent out, for example. Basically, however, the ivault app can also be used to get in touch with fellow neighbors, whether it’s getting to know your neighbors and making new friends, or being able to inform the neighborhood about an incident or a special event – ivault has many functions and can be a great benefit for every single person.

We hope that with this practical blockchain application we can promote real social engagement, solidarity and trust in times like these.

All in one: ivault Blockchain Social Network Lost and Found App – ivault.app logo

What is ivault?
New Blockchain-based Social Network

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The world’s first Blockchain-based Social Network and a Lost & Found App to find lost items on a global scale at the same time? Or is it a platform that can do much more?

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What is ivault? All-in-one Blockchain-based Social Network and Lost & Found App – Global and Local Blockchain for Social Impact making the world a little better one step at a time.

What is ivault.app? A blockchain social network and a lost & found app – all-in-one! Protect, Connect, Share & Give Back – a social network that realizes the vision of “Blockchain for Social Impact” both for local communities and on a global scale. Note: The ivault app will be available in 5 languages in order to make the app accessible to as many people as possible right from the start. Our languages: English, Spanish, French, German and Italian.

 


Our blockchain solution for the B2C market will be officially available in just a few days. You can then conveniently download it from the App Store or preregister now on ivault.app to be one of the first users to receive and test the app. On this occasion, we also want to answer some more questions about our B2C product:

  • What is ivault? What is the ivault app?
  • How does ivault work?
    • How does ivault Lost & Found work?
    • How does it work as a Blockchain-based Social Network?
  • Why is ivault a Blockchain-based Social Network and not just a practical application to find lost items, anyway?
  • And what benefits does the ivault app offer its users?

With the ivault Lost & Found App, we want to address 3 global challenges. You will also find out more about these in the blog post below. Lastly, we want to answer the question why ivault is a social network and why we built it on blockchain.

I. What is ivault?

 

Have you ever heard of one of those spectacular lost & found stories online? Of people finding lost treasures and the most valuable items by accident in the most ridiculous places, like gold bars in sewers or huge archaeological finds on their own private property.

There are quite a few amazing stories out there. And there could even be an invaluable treasure hidden in your own neighborhood, right next door waiting for you to be discovered. But, well, what does this have to do with the ivault app? What is ivault now?

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Lost & found.
Reinvented.
Protect your valuables and earn rewards with our award-winning blockchain solution.

ivault.app is the world’s first Lost & Found App based on Blockchain, to search and find lost or stolen items on both a local and a global scale. Our patented technological innovation helps protecting assets and valuables: Users can register all kinds of items that mean something to them, and in case of a loss or theft, they can report their belongings as missing in a fast and easy way.

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At the same time, the ivault.app is a Blockchain-based Social Network, that brings people together. Because users can do much more than merely help each other search and find lost items…

II. How does ivault work?

 

As a blockchain-based social network and lost & found app in one, the ivault.app can be used both globally and locally. It all depends on the preferences of each individual user. One can use it as a neighborhood app to connect with people next door, to organize a barbecue or a garden party. Or one can use it as a convenient local service platform to offer tutoring or babysitting, to lend and share things or to simply borrow a tool from a neighbor.

Globally, users can use the ivault.app, for example, when traveling or moving, to connect with people and instantly find a connection when arriving at a location anywhere in the world. Or, of course, to search for a lost laptop that must have gone missing somewhere on a business trip between Zurich and New York.

In addition, any public facility, from gyms to restaurants to the booth around the corner, can instantly set up their own little digital lost-and-found office with the ivault app. If something gets left behind, staff has to do nothing more than upload a photo or a brief description of the item. The owner can then easily retrieve lost items after identifying it in the ivault Lost & Found database on the smartphone.

The ivault app thus offers a benefit to absolutely everyone.

Main Features of the ivault app

Soziales Netzwerk für Lost & Found und mehr: Was ist ivault und wie funktioniert die ivault App? – ein Überblick über die Hauptfunktionen unserer Blockchain-basierten Anwendung.

A social network for Lost & Found and more: What is ivault and how does it work? This is an overview of the ivault app’s main features both as a Blockchain-based Social Network and a Lost & Found app.

The public features include the main function “Report a lost or stolen item”: Reporting a lost item means that it will be seen by many other users within a certain radius, the owner can adjust individually. This allows much more eyes to help users search and increases the chances of finding a lost item.

There are therefore 4 more social network features for the community side of the ivault.app:

  1. Alert your hub: Users can inform each other about certain happenings in an area, such as construction sites or accidents, as well as special offers or occasions close by.
  2. I found something: Reporting a found item, that someone nearby might have lost to find the rightful owner and it return it to him or her.
  3. Lend an item: Help out others by lending and sharing things with people next door.
  4. Ask the community: … to find what you need and never miss a thing.

“Add an item to my vault” is the second main function of the ivault app. This feature is completely private: Users can register an item in their “private vault”, which is securely encrypted thanks to Blockchain Technology. Registering means that the user stores data about an important asset: As detailed a description of the asset as possible and at least one picture. This makes searching for it in case of a loss much easier as it can be reported as missing with just one click.

Data safety is guaranteed. No one except the user himself has access to the data entered in his or her private vault. More about this below.

III. ivault – Lost & Found App

 

Why do we need a solution like ivault? Why is ivault a really useful invention? There are 3 main reasons why we developed the ivault Blockchain App. We want to target these 3 global challenges with ivault:

  1. Numbers are rising: Countless lost items and theft crime.
  2. Finding lost items: Shouldn’t that be much easier these days?
  3. We need honest finders who turn in found property or search for the rightful owner.

Last but not least, we want to answer the important question of why ivault is a social network and why it is blockchain-based social network.

1. Numbers are rising: Countless lost items and theft crime.

 

Every day, countless objects are lost or stolen – the little treasures of our everyday lives. Things that may not even be of particular material value, but are full of memories. A teddy bear, for example, that fell out of a stroller during a walk – for the screaming child who can’t fall asleep without its plush friend, the world collapses. A friend’s gift, or a grandfather’s heirloom that doesn’t have to be particularly valuable, but it can mean the world to someone.

Theft crime, of course, is a much more serious problem than the lost teddy. The clearance rate for bicycle thefts is around 10%, for example.

Bicycle thefts are simply unfair. Not everyone has taken precautions to protect a bike against theft – with a simple insurance, for example. And not everyone who has a bike insurance against theft can afford a new bike if the insurance doesn’t pay. As that may happen.

Here are a few more figures on lost items and theft crime:

 

 

Statistics on lost items, stolen valuables, theft and loss

The sad truth: Numbers of lost and stolen items: (1.) In the U.S., 500 million lost items are reported each year, (2.) In Germany, about 100 million lost items. (3.) Bicycle theft statistics: Worldwide 3 million bicycles stolen per year. (4.) Burglary statistics: Worldwide 6 million burglaries committed per year. Can a blockchain-based social network lower these numbers?

OUR SOLUTION:
Register and protect assets – with ivault.

 

With ivault, users can securely store their assets and everything that is important to them on their smartphone. Encrypted and secured in the private vault that ivault offers as a kind of “digital safe”. Blockchain guarantees the highest level of cybersecurity: no one can view or manipulate personal data of users.

Registered valuables are thus anonymously recorded in the ivault blockchain, ideally with a picture and detailed description. This way, users have prepared for the worst: In case of loss or theft, assets can be reported as lost or stolen with just one click.

Of course, previously unregistered items can also be quickly and easily reported as missing. If a user can provide a photo and a detailed description of the lost item it will increase the chances of finding it again.

The big problem, however, is that the one who found a key, for example, cannot be sure whether I am the rightful owner (anyone could claim that!). Preregistered assets offer a great advantage in this case, as thanks to Blockchain users already have a verified and time-stamped, unmanipulable, mobile proof of ownership ready at hand. Finders can therefore be 100% sure that they are handing over the key to the rightful owner. More details on the special features of blockchain technology can be found here.

2. Finding lost items: Shouldn’t that be much easier these days?

 

If we take a step back and think about how difficult it usually has been to find lost items despite all the technical possibilities we have, we can definitely say: In the digitally connected world of today, it has to be much easier!

But it’s still the same: If we want to find lost things, we ask friends, acquaintances, half the neighborhood, contact establishments where we were last, or the lost and found offices of cities or their public transportation services. To reach as many of our fellow human beings as possible, searchers even place paid ads in regional news or on well-known online platforms such as Facebook.

The effort involved in such a search campaign can take on gigantic proportions… And this is exactly where our innovative Lost & Found App comes in.

OUR SOLUTION:
Searching and finding lost items – with nothing but a smartphone.

 

This is how easy it is to report missing items with the ivault app: Via smartphone from the comfort of your home.

Einen Gegenstand als verloren melden mit der ivault Lost & Found App auf Blockchain-Basis für den optimalen Schutz von Vermögenswerten.

Report a lost item with ivault’s Blockchain-based Lost & Found App for optimal asset protection, while providing the best and most secure foundation for a Social Network for people to interact with each other in a meaningful way.

Our app is much more than just a digital lost and found office to search on a local and global scale. That’s because ivault is powered by the people in that it enables millions of users to help each other find lost and stolen items. Instead of having to search on your own, users can potentially reach thousands of other app users in one location with a single post. Even if the lost message was sent from the other side of the globe. Just the way a Social Network works.

A traveler, for example, who is not sure where exactly he lost his carry-on luggage can set the radius so that the post reaches users from the vacation spot, the hotel and the airport. Someone there could also have already found the lost luggage and reported it in the app. The global search engine can also be used to search directly for lost items within a certain radius.

3. We need honest finders who turn in lost property.

 

Anyone who has lost their cell phone, wallet or keys is especially hoping for honest finders who turn in the lost property. And honesty pays off, because there is a legal entitlement to a finder’s reward.

Most owners voluntarily reward finders generously and above the minimum entitlement. They are often just happy to get their lost property back. That’s not surprising, because they are saved a lot of effort, hassle, time and money: replacing locks and keys, reapplying for all cards and ID – we don’t even want to get into that.

Especially not when it comes to a lost cell phone and the data stored on it, such as beautiful children’s photos and other memories that are gone forever… if you haven’t previously entrusted your personal data to some central cloud provider.

Far too often, however, things that someone has obviously lost are simply left lying around. We need honest finders who turn in lost property or even take the trouble to search for the rightful owner. And maybe what we could use is an easy-to-use digital solution that

  1. minimizes the effort for finders and
  2. can offer rewards to motivate more people to help.

OUR SOLUTION:
Set a finder’s reward and increase chances of recovering lost items.

 

With ivault, it’s as easy for finders to report a found item as it is for searchers to report a loss. Our little mobile lost-and-found office fits in every handbag or pocket.

To report found items, a photo can be uploaded immediately on the spot. Alternatively, finders who like to go the extra mile for their fellow human beings can use the search engine to search directly for the rightful owner, who may have already reported their loss. A Social Network through which users can collect a finder’s reward can further increase the motivation to go through this minimal effort. This, in turn, also increases the chances of recovering lost items.

Our app is a handy application that makes it easier for us to search and find lost items (or their rightful owners). Thanks to the ivault.app, it takes almost no time – compared to what it was like before. Combined with the prospect of rewards, it can also succeed in motivating more people to help each other.

IV. ivault – Blockchain-based Social Network

 

If the Corona crisis has shown us one thing, it is probably that we can be there for each other. We stick together, no matter what and especially in times like these. Thanks to our digital devices that prompted us to “Support your locals,” a great sense of community emerged in many places during the crisis – despite lockdowns and social distancing.

This also shows, that even if we only act locally to help out our neighbors, for examples, each individual can make the world a little better. And where better to start than right next door, in our own neighborhoods? Where we are at home. Where social interaction is most important to us. And where we ourselves could be dependent on the help of our fellow human beings.

In general, social networks are nothing new and they are also used locally in many places. Examples include local Facebook groups, which served to find lost items as well. However, Facebook and others have unfortunately often made negative headlines in the past with regard to the handling of personal data of their users.

Why a Blockchain-Based Social Network?

 

Why make ivault a Social Network?
Our platform works not only locally as a (cosmopolitan) neighborhood app, but also globally to connect with people in other places when traveling, for example.

The ivault app is a social innovation that can not only simplify finding lost or stolen items, but also aims to strengthen honesty and trust. Most importantly, ivault is designed to support those who care about others, who want to be socially engaged, and who want to support their fellow human beings.

And why use Blockchain Technology for a Social Network?
Unlike most social media platforms, we use Blockchain Technology to combine solidarity and social proximity with drastically increased security. Blockchain guarantees data protection and data security (cybersecurity) at the highest level possible to this date – a security standard that none of the common social network can match so far. Criminal activities have no place on such a platform.

Datenschutz/ Datensicherheit mit der Blockchain: ivault.app schützt Nutzerdaten mit dem höchsten Sicherheitsstandard.

A Blockchain-based Social Network can handle sensitive: It is the best solution for real data protection, privacy and data security. With a Blockchain-based social network, Vault Security Systems AG stands for the highest level of cybersecurity: The ivault.app protects user data with the highest security standard available to date.

V. What does ivault cost?

 

And lastly, a question we’re all particularly interested in: the prices. And we’ve mentioned it before: The ivault app is free. Both registering (an unlimited number of) items and using ivault as a Social Network is free.

The feature to report items as lost or stolen is also provided for free, of course. In addition, we offer in-app purchases that allow users to gain better visibility for the posts they share. This gives users the ability to indicate a priority to the community when it comes to particularly important items, or a lost pet, for example.

However, the app is no platform for advertisements. Corresponding contributions are not tolerated and will be deleted. And by the way, we have also specified one of the most important concerns for us in our terms and conditions: We do not provide a platform for illegal, malicious, offensive or discriminatory content. Users respect and treat each other in a friendly and peaceful manner.

We certainly do not want to offer another place to the darker sides of humanity, but to contribute to making the world a little better. We want to show that there are, in fact, a lot of good people all over the world whom we can rely on when we need help from our fellow human beings.

 

 

 

 

PS: To travel to Davos is always worth it for these views of Switzerland alone.

Blockchain WEF Davos
ivault™ at World Economic Forum 2020

WEF 2020: Once again ivault was represented at the World Economic Form Annual Meeting in Davos. Arman Sarhaddar, CEO and founder of Vault Security Systems AG, CTO Martin Beyer and Project Manager Philipp Röhner visited WEF 2020.

“The atmosphere among the blockchain and IT experts is very positive. Everyone is looking forward with excitement. Many solutions that improve and renew processes and methods are already market-ready or will be very soon. Blockchain experts are also strongly represented at the WEF 2020. The fact that there is more than just talk is demonstrated, for example, by the consortium of partners from all sectors on the governance of digital currencies, which was initiated this year.”
– Philipp Röhner, Project Manager, Vault Security Systems AG

Davos WEF2020: Arman Sarhaddar, CEO und Founder, mit Philipp Röhner, Project Manager, Vault Security Systems AG. Foto: Martin Beyer, CTO.

Davos WEF 2020, from left to right: Arman Sarhaddar, CEO and Founder, with Philipp Röhner, Project Manager, Vault Security Systems AG. Foto: Martin Beyer, CTO.


Insights from WEF 2020, Davos

 

Once again for us the WEF 2020 in Davos was a great chance for networking and getting to know many other blockchain experts among renowned companies and startups. For example, we met Alex Panas, Director of Business Development of LATOKEN, who stated that, in his opinion, our application was the best idea he heard about at WEF and we are on the right track.

“The 50th  anniversary of the WEF was very positive for ivault, since we not only received numerous confirmations that our product fits well in the world we are living, but also excellent connections have been made.”
– Arman Sarhaddar, CEO and Founder, Vault Security Systems AG

After getting to know so many great minds and of course meeting old friends and partners from WEF 2019, we are happy to have planned further meetings in the near future. We will post about it in the blog here.

All in all, blockchain is taking off but is still hampered by a negative image and regulatory issues. The word blockchain is still conjuring up associations with crypto criminality in most peoples’ minds, which is one of the key challenges for pioneers that are using blockchain technology in quite different ways today. Nonetheless, blockchain will change society in the near future.

One of the most important topics at WEF 2020 was environment and climate, next to the introduction of a global digital currency. It also has a major impact on the blockchain scene. There were some presentations of companies that directly address the SDGs (Sustainable Development Goals), social or ecological problems. As a solution provider for the fight against crime and counterfeit products, which are often highly polluting, we are therefore in good company with ivault.

PS: To travel to Davos is always worth it for these views of Switzerland alone.

PS: To travel to Davos is always worth it for these views of Switzerland alone.

More information about ivault

 

ivault provides access to the world’s first database platform and search engine based on blockchain technology to combat and solve counterfeiting and theft crimes on a global scale. There is an international patent for the lost and found concept in the pipeline.

 

1. Lost and found: ivault for every single person

 

In the past only a small part of the population with the appropriate know-how was able afford security for assets, information and property. In the future ivault will make this level of security available to everyone and – even more important – affordable for everyone.

Currently, there is no application to easily report items as lost or stolen in real-time. Therefore, it is difficult to find these items again or to return found items to their rightful owners. With ivault users can now easily register their assets – such as smartphones, watches, laptops, bikes, cars and anything else – in the blockchain via the ivault app. Those who have been robbed can search for them.

The ivault database can be accessed freely at any time and from anywhere. Whoever identifies and reports a lost or stolen item will be given a finder’s reward.

The ivault blockchain protect’s your belongings and provides for data security. Only you can see what information you stored in your personal wallet on the decentralized server. The blockchain is hacker-proof and your data cannot be manipulated anymore. You can always show proof of ownership and on top of that check if a product you bought is an original with the ivault app.

 

2. Counterfeit and fake products: ivault for businesses

 

Up to this date, traditional logistics and data management systems have not been able to prevent counterfeit and stolen goods from entering the supply chain. The resulting consequences are enormous: massive financial losses for companies, a ruined reputation for brands, and perhaps most seriously, fatal incidents for consumers in the medical sector.

By implementing distributed ledger technology (blockchain) in the supply chain management, all actions performed can be recorded, tracked and time-stamped – 100 % supply chain transparency from the beginning of production to the end consumer. Once a transaction has been recorded in the blockchain, it can no longer be changed. Thus the authenticity of a product can be guaranteed.

For brands, the ivault blockchain can help to reduce the risk of counterfeit and/or stolen goods entering the supply chain. For the users it becomes much easier to prove their ownership clearly. Thereby manufacturers offer buyers optimum protection.

Even if a consumer resells luxury goods to a second-hand shop or a private buyer, the change of ownership is recorded in the blockchain. The buyer is thus assured that the seller is the rightful owner of the item and that he is buying an original product.

Would you like to know more about how ivault.app works? Leave a comment in the comment section below. We are looking forward to answering your questions. You can also subscribe to the ivault newsletter here for the latest news.

Hyatt lothar blockchain

Lothar Rentschler about ivault™
Blockchain Supply Vision & Mission of a Market Leader

ivault helps businesses secure their supply chain and protect their products from counterfeit and plagiarism. Our vision is to become the world leader in providing the most trusted database, supply chain management, and service platform for registering, locating, and identifying lost or stolen items.

On Thursday, November 7, 2019, the management team of Vault Security Systems AG invited investors, friends and partners to an information event at the Park Hyatt Hotel in Zurich to demonstrate the current status of the ivault product development.

This blog post is part of a 3-part series that will provide an overview of the 3 informative presentations by CEO and founder Arman Sarhaddar, CMO Lothar Rentschler, CTO Martin Beyer and the concluding discussion round. This part deals with the company’s focus on B2C and B2B.

iVAULT Protect what's your's

The ivault vision: Protect what’s yours.


ivault in B2C: lost and found patent

 

At the beginning of this exciting event, Chief Executive Officer Arman Sarhaddar told his own personal story: He himself was robbed a few years ago and not only suffered enormous financial damage. It was mainly personal possessions of great sentimental value – a complete music studio, expensive art objects and Persian carpets that he lost forever.

In an earlier video, the CEO already told about this loss, which inspired him to start Vault Security Systems AG – together with a team that believes in the idea of protecting assets with the Blockchain and passionately (and from the beginning free of charge) supports the revolutionary product ivault.

So, in 2018, in addition to the idea of developing ivault for the B2C sector, a patent application was filed in the USA. The lost and found patent refers to the use of blockchain technology by each individual private user who wants to protect his material possessions and find them again if they are lost or stolen.

Anonymity is an important aspect here: if a user places jewellery, his mobile phone or his sports car in the decentralized database, which is accessible to everyone, via ivault.app he remains anonymous. Neither the neighbor nor ivault can see which valuables the user has registered. Only in the event of a reported loss or theft is this information transferred to the centralized server and can it be viewed publicly in order to retrieve the item in question.

Arman Sarhaddar über die ivault Blockchain im B2C-Bereich, Park Hyatt Zürich

CEO Arman Sarhaddar giving his speech about the ivault Blockchain in the B2C area, Park Hyatt Zurich.

After one year, the lost and found patent also became an international patent. Distributed ledger technology provides the population with a higher level of security for their property than ever before. If you look at some figures, you can see immediately and easily that there is no doubt about the need for this product:

  • Every week, 15,000 laptops are lost at airports – an absolute nightmare for business people, not because of the financial damage, but because of the loss of important data and work that has not yet been backed up. The family father and hobby photographer in this situation is likely to be upset by the loss of his children’s pictures.

 

  • Approximately 5 bicycles are stolen per minute worldwide – that is 2.9 million bicycles per year. In the case of motor vehicles, the figure is as high as 5.5 million, i.e. 13 per minute. If these bicycles are resold by the perpetrators, they can be easily identified and found by the previous registration on ivault. This will drastically reduce the currently extremely high numbers, because ivault makes the criminal business of the perpetrators riskier and much less lucrative.

 

  • In Germany alone, 100 million lost (or stolen) items are reported every year – in the USA the figure is as high as 400 million. You may have a good insurance policy that reimburses you for the current value of your racing bike or motor vehicle if the situation is clear. With stored data such as family photos or important, perhaps confidential business data, the situation is quite different. How much do you think ivault can reduce these dizzying numbers in the next 10-15 years? Leave us a comment below.

ivault in B2B: Blockchain for companies

 

In the past, we have reported many times on the supply chain solution that ivault offers in the B2B sector to protect companies’ value chains and make their products counterfeit-proof.

The B2B area is the foundation for the B2C platform. The business model is therefore two-pronged and includes both the B2C and the B2B platform and offers different functionalities for companies and end users. The problems ivault addresses – the rapidly growing counterfeiting market, loss and theft, financial loss and fatalities, and ruined reputation – affect both individual consumers and large businesses. With the current state of development, ivault has already created 70% of the basis for all further areas of application and use cases.

 

Das ivault Geschäftsmodell: Funktionalität der B2C- und B2B-Plattform im Überblick.

The ivault vision has long been transferred to an applicable business model: overview of the functionality of the B2C und B2B platform.

We have developed a product with a user-friendly interface that allows users to register valuables using the app or a website. The Asset Management Dashboard is based on distributed ledger technology. The standard ivault solution is practical and easy to use for both individual private users and small businesses. The system can be adapted to individual customer requirements. Here ivault offers numerous flexible solutions. 

This concept focuses on customer happiness and customer centricity. After all, it is important to first listen to your users and customers and then offer the relevant solutions. This is what Chief Marketing Officer Lothar Rentschler refers to in his presentation on marketing. Watch a video recording of his presentation here: Change the settings in the bottom right corner of the YouTube video to turn on English subtitles, if you don’t speak German.

If you have not yet subscribed to ivault on YouTube, you should do so: Click here. We will soon be uploading more video content from the event at Park Hyatt – including some exciting answers from Arman Sarhaddar to critical questions from investors and business partners present.

The next blog post will focus on the implementation of the revolutionary idea, which the CTO will demonstrate in detail on the pilot case for the Swiss food supplement manufacturer Golisan. In an earlier blog post we have already given some insights into this first supply chain solution from ivault, which you can read here again.

Have you already subscribed to the ivault newsletter? If not, you can register here. The ivault web application can be found here: ivault.app.