[thinkingemote]

Seems like the idea has nothing to do with NFT (idea = 'employment db is good'), but the author is selling his book / course on NFTs and is making the thread into an advert for his product.

That sums up everything to do with NFTs for me. The smell remains rotten and I will, again, run away and fast.

[Closi]

Exactly - and this behaviour is a defining characteristic of blockchain technologies because of the money involved.

I never see posts like “how event-sourcing will change hiring forever” but that’s just as valid from a technology perspective to meet the implied requirements.

[bsenftner]

If it has ANYTHING to do with cryptocurrency/blockchain you can be guaranteed the grifters are Everest high waiting for naive adoption to make them profits.

[spinny]

> That sums up everything to do with NFTs for me. The smell remains rotten and I will, again, run away and fast.

NFTs are just a way to represent something unique on a blockchain. The smell comes from the pixel art NFTs.

Your position on a uniswap v3 pair is represented as an NFT (no pixels associated), while v2 used ERC20 tokens (fungible)

Suppose you own a car rental. You can represent the available cars as NFTs and use a blockchain to make reservations and payments

[UncleMeat]

You can. But why? Hertz probably likes managing their inventory with an in-house database rather than integrating with some other ecosystem they have limited control over.

NFTs offer the ability to separate ownership and management of a thing from the business that created that thing. That makes no sense for a company that has inventory they personally control and doesn't want people to resell for liability reasons.

[ViViDboarder]

I’ve had people make arguments like this before. Sure, it could be used but if it offers no benefit over a traditional database, or in some cases, drawbacks, what’s the incentive?

Someone made a similar argument about Steam adopting NFTs a while back, which made no (business) sense to me.

[onion2k]

Suppose you own a car rental. You can represent the available cars as NFTs and use a blockchain to make reservations and payments

And either give that information away to your competitors if the chain is public, or just implement a far more complex tech that could have been a straightforward database if it's private. Either way you lose.

[__s]

Have you ever worked at a warehouse? Companies keep inventories in a database. This database often does not reflect reality

I bought some lumber a few weeks ago. Bought a cedar board that they had in their inventory, went out to the lumberyard to find they were out of stock. Ended up swapping the it out for some cedar deck board they happened to have

[Closi]

The database is accurate to the information put into it.

Warehouse inventory/control is a great example of something that would be an incredibly poor fit for blockchain.