Firearm Company Justifire Gets Blockchain Patent For Its “Black Box” Device for Data Integrity

The blockchain technology is being used in considerably creative ways lately. Now that the benefits of this technology are getting more well-known, several companies are using it in new use cases to help their clients.

Justifire, a firearm company based in Georgia, has decided to use the blockchain technology in order to create a sort of “black box” that would be used by clients who wanted to prove that they used a gun in self-defense. Now, the company was awarded a patent for this new product.

According to the gun company, the blockchain-based black box would be used in order to capture audio and video that could prove that someone used the gun in order to be protected from harm. The company affirms that the idea came from the need to protect the right to self-defense.

The new device will use the blockchain technology in order to maintain the integrity of the data, meaning that as soon as something is recorded, it cannot be erased. The data will be sent to a network of nodes that will store this data in a decentralized way.

Because of this, if the person is called to court later, it’ll be easier to present evidence that could prove that the firearm owner was not guilty of murdering someone.

Justifire also hinted at some tokenization of the data and a way to pay people for their participation as nodes. The idea is pretty simple: to create a cryptocurrency that could be used as a reward for performing the data transactions needed in order to make the network work as intended.

This system will use two SD cards that will store and encrypt the data, sending it to the decentralized network after the event. The CEO of Justifire, Jason Palazzolo, affirms that this device was invented to protect the clients in legal situations which could be considerably harder to solve without it.

To him, the combination of an autonomous sensor is a major help in self-defense cases because the smart device will know when to turn on and record the event. This way, the person does not even need to switch it on, what could not be possible in life-threatening situations.

Now, Justifire is currently looking for additional funding that could help it to create new innovative products such as laser, ultrasonic and thermal radars for its guns.

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Gabriel Machado
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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