[kevinmchugh]

Wal-Mart and Louis Vuitton both announced they were adopting blockchain. Walmart's was for supply chain tracking of lettuce. LV's was for authenticating genuineness and preventing sales of counterfeits. Both were to be run entirely by the company. Centralized. No distributed anything.

There was no reason to use blockchain in these cases, except that writing a press release about blockchain would cause a stock price pop.