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by ajkjk 2680 days ago
None of those seem to require a blockchain at all; a trusted authority database would accomplish the same thing at a fraction of the cost and complexity.
1 comments

The point is you don't need a central authority. And I'm sure running a central authority costs some too which could also gain power that no one in the industry can resist.
Yes, that's the point: pay lots of money and make your system incredibly complicated, in exchange for not having a central authority when you literally already have one you could just use, for a worse and less-maintainable version of the same technical result.
but in most countries there is a central authority in the shape of a government agency responsible for agriculture.