Smart Contracts tokenize real-world assets for instant fractional ownership and global trading.
Smart contracts enable real-world asset tokenization by converting ownership rights—like real estate—into digital tokens on a blockchain, allowing fractional ownership where multiple investors hold shares of a single property.
A high-value building can be divided into thousands of tokens, each representing a tiny stake, so everyday investors buy in without needing millions upfront. Smart contracts automate token issuance, distribution, and ownership verification, ensuring shares match real property deeds with no intermediaries.
Traditionally illiquid real estate now trades like stocks on secondary markets; owners sell tokens instantly via peer-to-peer platforms instead of waiting months for a buyer. Smart contracts handle transfers automatically upon payment confirmation, enabling 24/7 global trading and real-time price discovery.
Every transaction, ownership change, and dividend payout records immutably on the open blockchain ledger, creating an audit trail visible to all stakeholders. Automation eliminates disputes by enforcing rules like rental income splits or maintenance triggers without manual intervention.
Government-Issued Licenses and Permits
NFC cards can store government-issued licenses and permits, such as fishing licenses, business permits, or trade certifications. Regulatory authorities or enforcement agencies can authenticate these credentials in the field.
Scenario: A small business owner taps their NFC card during a government inspection, instantly verifying that their business license and tax compliance certificates are valid.
Key Benefits:
Improved compliance tracking for governments.
Simplified authentication for regulatory authorities.
Reduced administrative burden for license holders.
Governmental Welfare Distribution
Governments can issue X11 NFC cards to beneficiaries for distributing social welfare payments, vouchers, or subsidies. For example, social grant recipients could use NFC cards to redeem benefits like food vouchers at registered merchants. This ensures transparency, reduces misuse, and simplifies fund distribution.
Key Benefits:
Convenient access for beneficiaries.
Transparent and traceable disbursements.
Limited use of funds for approved purposes.
Micro-Insurance Enrollment and Claims
Simple and Accessible Insurance Solutions. X11 platform can be used to register customers for micro-insurance policies and simplify claims processing. Policyholders can tap their card, or check from X11 app, at partner locations to file claims or check coverage. For example, farmers could use NFC cards to claim payouts for crop insurance during drought conditions.
Key Benefits:
Increased accessibility for rural and underserved markets.
Simplified enrollment and claims processes.
Faster verification and payouts.
Vehicle Roadworthiness and Compliance
Automated Verification for Transport Operators. Transport companies can use X11 NFC cards to store and verify vehicle roadworthiness certifications. Drivers carry NFC cards that link to their vehicle’s compliance records, which are checked at entry points to ports or regulatory facilities.
Scenario: A truck arrives at a port, and the driver taps their NFC card at the checkpoint. The system instantly verifies that the vehicle’s roadworthiness certificate is valid, granting access.
Key Benefits:
Streamlined inspections and operational flow.
Automated compliance checks to reduce delays.
Minimized fraud in roadworthiness certification.
Food Safety and Vendor Certification
Ensuring Compliance in Food Supply Chains. X11 NFC cards can be issued to food vendors or suppliers to authenticate certifications like food safety training or regulatory compliance. Wholesalers and retailers can verify a vendor’s certification before entering into contracts or purchasing goods.
Scenario: A fruit vendor arrives at a supermarket distribution center and taps their NFC card to verify compliance with food safety standards. The authenticated certificate allows the transaction to proceed.
Key Benefits:
Reduced risk of regulatory violations.
Enhanced trust in food supply chains.
Simplified vendor management for large retailers.
Digital Loyalty Programs
Seamless Customer Engagement at the Point of Sale. X11 NFC cards can be issued to customers as part of a loyalty program, in addition to use of X11 app. Customers simply tap their NFC card at participating stores to earn or redeem points, eliminating the need for manual entry or complex apps. For example, a informal economy loyalty initiative could allow customers to earn points on daily purchases at independent shops, which can later be redeemed for discounts or products.
Key Benefits
Greater customer retention and brand loyalty.
Instant point accrual and redemption.
Enhanced customer convenience and participation.