MIT Solve

Solution Overview

Solution Name

Revolutionizing Data Management via Blockchain

One-line solution summary.

This idea will free our current and future generations from the tedious task of maintaining all of their documents throughout their life.

What is your solution?

The solution is about how blockchain technology can be used in the day to day lives and help us keep records of literally everything we did in the past, saving a lot of our time and helping the planet by reducing paper work.

What specific problem are you trying to solve?

For example, when a baby is born a birth certificate is issued which further acts as citizenship certificate, then they have a parents nationality certificate, as they enroll in schools and colleges they need various other certificates like passing certificate, character certificate, transfer certificate, as they grow up and get a job then they need certificates like which courses or internships they attended, in which company they were previously enrolled and the list goes on... This makes it difficult for an individual to keep track of every certificate he ever got in his entire life

Who does your solution serve? In what ways will the solution impact their lives?

Honestly it will change the lives of literally EVERYONE, even the POSTERITY will benefit from it

The solution will significantly reduce the usage of paper, mica, gold, and other precious resources that are currently being used to store data which, by passage of time turns into waste. It will be the tech from the future as this will be the best data storage method that can be trusted, will be transparent and can be accessed globally.

What steps have you taken to understand the needs of the population you want to serve?

I would love to do the research work but with the lack of knowledge to build the blockchain myself, only I know about this solution so far.

Which aspects of the Challenge does your solution most closely address?

Other: Addressing an unmet social, environmental, or economic need not covered in the four dimensions above

What is the unmet need that your solution tried to address? Why is it important?

When we are born and we grow, there are a lot of documentation work that we tackle at every step of our growth which is the problem that I want solve with blockchain tech.

For example, when a baby is born a birth certificate is issued which further acts as citizenship certificate, then they have a parents nationality certificate, as they enroll in schools and colleges they need various other certificates like passing certificate, character certificate, transfer certificate, as they grow up and get a job then they need certificates like which courses or internships they attended, in which company they were previously enrolled and the list goes on... This makes it difficult for an individual to keep track of every certificate he ever got in his entire life.

Currently no one is talking about this but if not addressed now it can get very frustrating for future generations and they might end up wasting their precious time organizing "Documents".

Our solution's stage of development:

Concept: An idea being explored for its feasibility to build a product, service, or business model based on that idea

Explain why you selected this stage of development for your solution—in other words, what have you accomplished to date?

I am just an innovative thinker who follows both Ratan Tata and Elon Musk, so what I want is to build a future for the world where they don't look back and think that their predecessors didn't do anything for them. The development must be continuous and must not get limited to one direction. Right now we have got the technology, it's just that we need to implement it in the best way we can.

Where our solution team is headquartered or located:

Delhi, India

Team Lead:

Prince