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Re: onin2downin2 post# 54698

Sunday, 12/30/2018 7:40:09 AM

Sunday, December 30, 2018 7:40:09 AM

Post# of 58854
I think your comprehension of what blockchain in itself is and does is insufficient, hence your comment. Sure, there are companies feeling at ease enough with just distributed recording of transactions and ownership, but one always will need an identifier to link the digital record with the physical goods, cause without it there is NO assurance of the physical good being the original, true, pure, undilluted stuff. Why you think Everledger, in itself a blockchainbased platform using Hyperledger hooked up with adnas? Does a company find it important enough to 100% know for sure the stuff is indeed the stuff relies on many things, in case of which diamonds or other gems, cannabis, medicine and LOTS of other things seem nobrainers. Polymers, fiber, textile? Maybe. I would surely know to be selling the real stuff in light of possible recalls and clasaction lawsuits when apparently its pretty easy to test for and prove fakes. Wonder how the lawsuits against Welspun, Walmart will spin out.
BtoB, BtoC, governments, lawenforcement, consumers will insist to know certain things for sure, ESPECIALLY when ownership will be recorded for ever with blockchainlike techs.
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