Witness is an on-chain protocol that enables the creation, verification, and exchange of digital ownership through hashed data, NFTs, and attestations without transaction fees. This technology allows users to maintain trustless verification of their digital assets while ensuring composability with existing blockchain systems.
Funding
Funding not disclosed
NMFounders
Product
Problem
Creating, verifying, and exchanging digital ownership often involves transaction fees, which can create friction, limit scalability, and restrict potential use cases. Existing solutions may also lack transparency and trustless verification mechanisms.
Solution
Witness is a protocol that enables the creation, verification, and exchange of digital ownership through hashed data, NFTs, and attestations without incurring transaction fees. The protocol allows users to maintain trustless verification of their digital assets while ensuring composability with existing blockchain systems. By hashing data and checkpointing it, Witness allows anyone to verify the data's integrity using underlying blockchains, eliminating the need for intermediaries.
Target Audience
The primary audience includes Web3 developers and organizations seeking to implement digital ownership and tokenization strategies without transaction fees, as well as those requiring trustless verification of digital assets.
Features
- Zero transaction fees for creating, verifying, and exchanging digital ownership.
- Ability to "Witness" any data that can be hashed, including NFTs, attestations, tokens, and points.
- On-chain composability, enabling trustless verification and integration with smart contracts.
- TypeScript SDK and OpenAPI specification for easy integration.
- Customizable data schemas and contract standards for composing Witnessed data with smart contracts.