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Re:Wall Street rethinks blockchain projects as euphoria meet... by shanghaiaway on Friday March 30, 2018 @08:14PM (#16720862)
You also did not answer the question.

How do you verify that the physical objects the digital certificate is attached to, is actually attached to the things it is meant to certify, and not replacement counterfeit?

Re:Wall Street rethinks blockchain projects as euphoria meet... by JamesLeonis on Saturday March 31, 2018 @09:31PM (#16726187)
The same way you verify it now. The technology does not change the process of physically inspecting the product. It makes it far easier to coordinate the paperwork of certifying and verifying.

At it's heart logistics is a global concurrency problem. The "locks" we use now are large sprawling bureaucracies that manually coordinate the transfer of information among many independently moving agents. Getting information into and out of this organization is a tedious, labor-intensive, and time consuming process. The technology that empowers cryptotokens is an alternate computerized concurrency management for this kind of information transfer and lookup that doesn't rely on a central organization or system.

Re:Wall Street rethinks blockchain projects as euphoria meet... by ric2b on Monday April 02, 2018 @06:18AM (#16733472)
Ok, but if _someone_ is certifying who can and who cannot write to the blockchain, why wasn't this solved 2 decades ago with that someone running a database with an API front-end that all involved parties can use?