System and method to evaluate identity of non-digital asset via distributed ledger

A system comprising:

• a processor;
• and
• a memory having programming instructions configured to cause the processor to perform actions including:
• issuing a challenge to a custodian of an object purported to be a non-digital asset based on a digital fingerprint of the non-digital asset, wherein the digital fingerprint includes a plurality of characteristics for the non-digital asset encrypted and stored on a distributed ledger;
• determining whether a response to the challenge includes a predetermined set of characteristics of the object consistent with a set of corresponding characteristics of the digital fingerprint;
• in response to determining the predetermined set of characteristics of the object is not consistent with the set of corresponding characteristics of the digital fingerprint, increasing a cost to the custodian to issue a subsequent challenge request for the object;
• and
• in response to determining the predetermined set of characteristics of the object is consistent with the set of corresponding characteristics of the digital fingerprint, confirming the object as being the non-digital asset.

A program product comprising a computer readable storage medium with program code for causing a computer system to perform actions including:

• issuing a challenge to a custodian of an object purported to be a non-digital asset based on a digital fingerprint of the non-digital asset, wherein the digital fingerprint includes a plurality of characteristics for the non-digital asset encrypted and stored on a distributed ledger;
• determining whether a response to the challenge includes a predetermined set of characteristics of the object consistent with a set of corresponding characteristics of the digital fingerprint;
• in response to determining the predetermined set of characteristics of the object is not consistent with the set of corresponding characteristics of the digital fingerprint, increasing a cost to the custodian to issue a subsequent challenge request for the object;
• and
• in response to determining the predetermined set of characteristics of the object is consistent with the set of corresponding characteristics of the digital fingerprint, confirming the object as being the non-digital asset.