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A comment on Litmus tests for using blockchain vs. relational database. Parent comment

Re:Litmus tests for using blockchain vs. relational database by aey on Sunday May 26, 2019 @12:32AM (#20013164)
Generally enforcement has really high legal costs. My partners small business was ripped of by about $10k in product by a Canadian company. There is basically no recourse that wouldn’t cost more.

If a “60 day net” contract could be encoded on chain, and automatically execute as the products are sold, that would have reduced the risks and enforcement costs.

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Re:Litmus tests for using blockchain vs. relational database by around_here on Sunday May 26, 2019 @08:00PM (#20018452)
Dispute resolution will still be just as difficult.
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Re:Litmus tests for using blockchain vs. relational database by aey on Monday May 27, 2019 @04:45PM (#20025129)
Sure, but if the manufacturers net their share as soon as the item is sold at a store, we reduce the opportunity for fraud.

This won’t work for everything, but it could work well for high mark up items that rely on brand authenticity or warranties.

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