In the case of shipping it was about providing a cryptographically verifiable chain of custody for each shipment.
It’s just a cryptographic enhancement of existing systems, but a nice use of the tech (standardized rather than proprietary too).
One company also used smart contracts to update other systems & such automatically. It was quite a nice system, crypto-based or not.
Personally, as a huge crypto skeptic (and I have worked in the space), I think this kind of use has much more long term utility than the gold rush value stores.
The ticket thing you mention could be useful, but I’ve never seen an implementation that was worth any company (let alone Ticketmaster) bothering with. It “solves” a mostly solved problem.
It’s just a cryptographic enhancement of existing systems, but a nice use of the tech (standardized rather than proprietary too).
One company also used smart contracts to update other systems & such automatically. It was quite a nice system, crypto-based or not.
Personally, as a huge crypto skeptic (and I have worked in the space), I think this kind of use has much more long term utility than the gold rush value stores.
The ticket thing you mention could be useful, but I’ve never seen an implementation that was worth any company (let alone Ticketmaster) bothering with. It “solves” a mostly solved problem.