Hacker News new | ask | show | jobs
by danielnaab 3826 days ago
The software agent that consumers interact with would have to be responsible for determining the accuracy of ratings.

I suspect that the most important aspect of such a system would be trusted participants: eg, insurance companies, city licensing agencies, etc. If you get one hundred great, but fake, reviews from shell accounts, it would be rather meaningless if your city didn't issue you a license on the blockchain, or you claimed false insurance which was somehow disputed on the same blockchain by the legitimate insurer.
1 comments
bfung 3826 days ago
What's in it for the insurance company to do this blockchain activity? What's in it for the city? They're not going to do this for nothing. And whatever entity that will help get this to work - wouldn't they be the next "uber"?

If the city is "issuing" licenses on a blockchain, how is this different than the medallion system already in use?

link