> I don't understand the blockchain hype. A startup has certified my artwork & placed their verification on the bitcoin blockchain. Now art dealers & auctioneers can feel secure that I am the original artist. One small problem… I am not Leonardo da Vinci! https://www.verisart.com/works/23f2c64a-08c6-4a42-8013-84ac8... …
That's the part that I can never understand with blockchain applications. Blockchain technology is excellent at maintaining a ledger or variables of information within the blockchain - these processes are completely trustless due to the properties of the blockchain. The problem is getting that information INTO the blockchain. This part DOES require trust and all those nasty things people say blockchain solves. I think it's called the oracle problem?