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by barthvr
2253 days ago
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Some stores use it to store the production chain metadata of their products : when it was produced, by whom, etc, and make this information public.
As anything stored in the blockchain can't easily be faked, it allows customers to check the authenticity of what they are buying (ie where has this product been farmed, cooked, by whom, etc). |
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For as long as humans have engaged in trading, we have relied on trust that's built over time. There are bad actors from time to time, sure, but I'm not sure if that's enough of a problem (perhaps it is in cannabis circle) to justify making blockchain a centerpiece of one's endeavor to modernize the purchasing experience.
The same goes for other current applications of blockchain such as trading card games. I left the event feeling most of the presenters just forcefully shoehorned blockchain tech into their applications, with one exception: cryptocurrencies use in countries with oppressive regimes and poor banking system).