What Is S4FE?
S4FE is a blockchain-based database where users can register their assets and identify lost or stolen items. Some of the items that users can register on the platform include electronic devices, valuable of any kind, documents, vehicles or any other item with a substantial value to the owner.
The main objective of the database is to provide a solution to the increasing number of thefts and to prevent the sale of stolen or lost personal property through its decentralized features that will greatly reduce the number and market value of stolen and lost items.
S4FE supports real time identification and reporting of lost or stolen items through a database that is accessible worldwide. Asset owners can register their assets on the platform to protect them from theft. Buyers can also use the platform to verify the authenticity of a particular product before actually buying it. The platform will also encourage users to report stolen or lost items through the S4FE Reward Program that rewards users for reporting any suspicious assets.
S4FE Blockchain For Stolen, Lost And Found Items Products
S4FE will use various software, hardware, and personnel to create comprehensive solutions for registering, identifying, and returning stolen items. The platform will offer three main products to its users:
S4FE – Serial
This product enables users to register their assets using unique identification vectors such as serial numbers and text or photo descriptions. If a registered asset is lost or stolen, the user can report the loss or theft through website, mobile app or call center. The asset will immediately be tagged as lost or stolen on the network where all users worldwide can recognize it.
Pattern recognition will be used for assets that do not have serial numbers. It will automatically recognize use patterns and regularities of data to help owners locate their assets.
The platform will develop unique products such as S4FE GPRS bicycle locks and S4FE GPRS pet collars that will allow the users to monitor the location of their pets or their assets. Users can also use the GPRS tracker to monitor the location of their children and let the children call for help in emergencies.
S4FE creates a global database where users can easily register and report stolen items through the decentralized, secure, and transparent registration process and network.
Through the platform, the value of stolen or lost items is greatly reduced, which discourages stealing and therefore reduces crime rates in the end.
To increase the efficiency of the database and increase participation by users on the platform, users will be rewarded for recovering or returning lost or stolen items to their rightful owners.
S4FE support the work of law enforcement, in this regard, the platform an open API that enables law enforcers and service providers to track or monitor lost and stolen items.
S4FE is equipped with an easy-to-use search engine that users can utilize to search for any lost or stolen items globally.