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by teknologist
3119 days ago
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You make a good point, but smart contracts are not just "write-only databases" as they have built-in logic that can bypass some of the need for "verifying peers' inputs" style consensus. For example, attaching a photo of authentic product and being able to check that it on the receiving end could serve as proof that the consumer gets the real deal. |
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For this to provide proof of authenticity, I need to be able to visit a jeweler not employed by Everledger, and have them be able to use a rubric to classify my diamond along these 40 features in a way that uniquely describes it in a way no other diamond could be described. I then need to be able to visit a second and a third jeweler and obtain the exact same classification along these 40 features.
When visiting Everledger's site, I can't get any information on the classification process beyond that sentence. The supposed core of the product doesn't even have a white paper.
Diamonds are comparatively easy to classify, as they are supposedly unique in many ways, and don't physically degrade over time. When it comes to tins of milk, I can't think of a secure proof of authenticity process that doesn't involve the consumer verifying the composition of the product with a gas chromatography machine.