How It Works

How It Works2019-10-28T17:15:34+00:00

YOUR WALLET

  • Much like the wallet in your pocket, your orphic guard wallet holds your valuable information related to your claims. When you create a wallet, a private signature key is made and hidden behind a password on your computer. It is stored on your computer for convenience but we advise you write it down for safety.
  • Your private key is passed into cryptographic algorithms to create signature key pairs and encryption keys, that are used in various situations. Orphic Guard uses chained keys, so each asset is claimed by one of your unique keys.
  • For efficiency and convenience, your claims are stored with your keys on your machine.

YOUR CLAIM

  • You’ve already created your wallet, and you have written down your private key for security. Now you are ready to make a new claim for an item you own.
  • You can be as vague or as explicit as you wish when creating a claim, but we recommend entering as many details as possible. Why? Down the road, if you wish to transfer the item to another Orphic User, or if you mark your claim as stolen/missing, the clearer your claim, the easier it will be to verify your transferred or stolen/missing item.

YOUR CLAIM

  • You’ve already made your wallet, and written down your private key, and now you are making a new claim for an item you own.
  • You can be as vague or as explicit as you wish when creating a claim, but we recommend entering as many details as possible. Why? Down the road, if you wish to transfer the item to another Orphic User, or if you mark your claim as stolen/missing, the clearer your claim, the easier it will be to verify your transferred or stolen/missing item.

OUR NETWORK

  • Your claim is then fully encrypted by one of the keys in your chain and no one can understand it.
  • This document gets stored on the Orphic Guard server. A transaction is made which contains a signature of your claim and is distributed across a peer to peer network.
  • The peer to peer network is made up of other Orphic Guard users who all keep a copy of the blockchain. The blockchain is a distributed ledger “list” of all transactions in chronological order. With your transaction on the blockchain, you have eternal proof that the claim on the Orphic Guard server belongs to you and allows only you to change or update your claim.

YOUR OPTIONS

Now that your claim has been created and published, there are several things you can do with the claim to maintain your privacy and security. These are:

Transfer

You can transfer your claim to a new owner if you gift or sell them your item. The receiver of your item will need to provide you with their blockchain address, and then you will have to create a new transaction that declares the claim is now owned by them, and your keys for that claim are put into their wallet.

Disclaim

You can create a disclaim transaction that flags your original claim as owned by nobody on the distributed ledger. The Orphic Guard server will then remove the claim. This is useful if you have sold the item to someone not on the Orphic Guard network.

Report

You can report a claimed item as stolen or lost. Your encryption key will go into the report transaction along with any other information you choose to provide. Both the claim and your report will be publicly visible.

If a reported item is returned to you, we advise that you create a found transaction. This transaction type goes into the blockchain as two transactions, a disclaim of the original claim, and a new claim with a new set of keys to make your information private again.

Reveal

If you need to show proof of ownership of an item for some reason, you can pass a public encryption key to whomever you are showing, and they can use it to view your claim. This person will only be able to view the claim.

If you would like to have your claim completely public, you can include a decryption key in a reveal transaction. This allows anyone to view your claim. Your security is maintained at all times, of course.

YOUR OPTIONS

Now that your claim is made and published, you have a few actions that you can do with your claim. You can…

Transfer

i. You can transfer your claim to a new owner if you gift or sell your item. The receiver of your item will need to provide you with their blockchain address, and then you will have to create a new transaction that declares the claim as owned by them, and your keys for that claim are put into their wallet.

Disclaim

i. You can create a disclaim transaction that flags your original claim as owned by nobody on the distributed ledger. The Orphic Guard server will then remove the claim.

Report

i. You can report a claimed item as stolen or lost. Your encryption key will go into the report transaction along with any other information you choose to provide. Both the claim and your report will be publicly visible.
ii. If a reported item is returned to you, we advise that you create a found transaction. This transaction type goes into the blockchain as two transactions, a disclaim of the original claim, and a new claim with a new set of keys to make your information private again.

Reveal

i. If you need to show proof of ownership of some item for some reason, you can pass a public encryption key to whomever you are showing, and they can use it to view your claim. This person will only be able to view the claim.
ii. If you would like to have your claim completely public, you can include a decryption key in a reveal transaction. This allows anyone to view your claim.