S4FE is the world’s first blockchain-based global database for the registration and identification of stolen and lost items. The database is accessible to everyone and enables users to register and search for property. The types of property include electronic devices, jewelry, personal collections, documents, sports and hobby equipment, vehicles and machines and any other conceivable item representing value to its owner.
Despite advances in information technology, there has never been previously a robust, global, readily accessible mechanism for reporting lost and stolen assets. Nor has there been a reliable platform for checking - in real time - the true ownership of many items offered for sale. As a result, the re-sale of many stolen items has gone unchecked and unreported. The victims of theft have traditionally been able to do little else but report the details to local law enforcement bodies and the prospect of recovering lost or stolen items has often been very slim. Only criminals have benefited from the inadequacies of the existing infrastructure. The problem is compounded when lost assets are suspected of crossing international borders. Different jurisdictions, laws, database formats and access rights have all hampered the development of an efficient, global framework for exchanging ownership data. Consequently, the process of determining ownership has been fraught with delays, complexity and frustration. S4FE is a user-friendly technology that enables the real-time identification and reporting of lost and stolen items. It’s data is accessible worldwide.