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by Tomte
2680 days ago
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And you need to trust each and every one of these people not to lie. That's the key issue: Bitcoin works, because Bitcoins are "born" on the blockchain. Anytime you need to relate real-world concepts to the blockchain, you need trust again. As you said: "if you trust the veterinary". |
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The anti-double-spend features of blockchains is what matters after that: your cow cannot be sent to slaughterhouse 1 and 2 at the same time. Slaugher house cannot ship it to butcher A and butcher B. And it's fairly easy to check that the butcher doesn't sell it twice.
Though as I said in another comment, this can all be solved very easily if you give the DB hosting to the veterinary authorities, and very likely to be much cheaper too.