Record360, the leading software for digital asset condition management, announced it has incorporated blockchain technology into its patented mobile digital forms and asset condition management software.
The technology works by storing an encrypted version of all videos, photos and transactions recorded on the mobile app in a third-party ledger, making it impossible for a bad actor to alter or manipulate the data in any way. This provides companies and end-users with the guarantee that the record was not altered in any way since its creation. It eliminates the possibility of customers fraudulently changing customer records, and provides end-users with a strong guarantee of protection from tampering.
“We are committed and passionate about developing industry-leading asset condition management solutions for our customers in the equipment, vehicle dealer, rental, and trucking industries,” Record360 CEO Jesse Buckingham said in a statement. “Incorporating blockchain technology into our product increases trust and transparency for our customers and end-users.”