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Grant: Idea to Innovation

Ryerson University

$125,000.00

Mosaïque digital wallets: A fully decentralized and data-driven identity and credential management system for business environments

FY 2020-21

Summary
This proposal is made to attain funding to implement our digital wallet and platform, Mosaïque, and its commercialization in the real estate industry. Blockchain solutions, which depend on reliable digital identities and digital wallets, are becoming popular in the real estate industry, but are focused on tokenization. We are developing a digital wallet that can support tokenization solutions (splitting an asset into tokens which can be traded), payment solutions, and transaction solutions. We see the future of blockchain applications being interoperable as opposed to the current ecosystem of siloed solutions. As such, we are developing our wallet to support broader overarching real estate processes. To interact with blockchain applications, users need a digital wallet to enable secure transaction workflows and identity management services. Currently, there are no wallets that provide a complete set of capabilities to meet the compatibility demands of different platforms. Existing digital wallets don't provide workflow features because they do not have the context of how the user would interact with them. Mosaïque uses workflows in a blockchain, represented by state charts, encoded in templates to ensure a consistent process across users and organizations. Mosaïque's wallet incorporates several unique technical components including biometric identifiers, cloud agents, QR code scanning, contextual user interface, credential rendering, blockchain public-key cryptography, backup, device syncing, and personas.
Program
Idea to Innovation
Location
Ontario, Canada
Recipient Type
Academia
Type
Grant
Source
NSERC's Awards Data

As published

Application id
555851-2020
Name nom
Mashatan, Atefeh
Department département
Information and Technology Management, School of (ITM)
Organization id
43
Institution établissement
Ryerson University
Province en
Ontario
Province fr
Ontario
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2020
Competition year année de concours
2020
Award amount
125000
Program id
I2IPJ
Program name en
Idea to Innovation
Program name fr
De l'idée à l'innovation
Group en
Research partnerships programs
Group fr
Programmes de partenariat
Committee code
96
Committee name en
RPP Internal Decision Cttee
Committee name fr
Cté de décision interne - PPR
Area of application code
800
Area of application group en
Information and communication services
Area of application group fr
Services d'information et de télécommunications
Area of application en
Information and communication services
Area of application fr
Services d'information et de télécommunications
Research subject code
2705
Research subject group en
Information technology
Research subject group fr
Technologie de l'information
Research subject en
Software and development
Research subject fr
Logiciels et développement
Installment
inst:1 - 1
Partie
1
Nb partie
1
Application title
Mosaïque digital wallets: A fully decentralized and data-driven identity and credential management system for business environments
Keyword
NSERC
Application summary
This proposal is made to attain funding to implement our digital wallet and platform, Mosaïque, and its commercialization in the real estate industry. Blockchain solutions, which depend on reliable digital identities and digital wallets, are becoming popular in the real estate industry, but are focused on tokenization. We are developing a digital wallet that can support tokenization solutions (splitting an asset into tokens which can be traded), payment solutions, and transaction solutions. We see the future of blockchain applications being interoperable as opposed to the current ecosystem of siloed solutions. As such, we are developing our wallet to support broader overarching real estate processes. To interact with blockchain applications, users need a digital wallet to enable secure transaction workflows and identity management services. Currently, there are no wallets that provide a complete set of capabilities to meet the compatibility demands of different platforms. Existing digital wallets don't provide workflow features because they do not have the context of how the user would interact with them. Mosaïque uses workflows in a blockchain, represented by state charts, encoded in templates to ensure a consistent process across users and organizations. Mosaïque's wallet incorporates several unique technical components including biometric identifiers, cloud agents, QR code scanning, contextual user interface, credential rendering, blockchain public-key cryptography, backup, device syncing, and personas.