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Some of those offer actual benefits. How does a restaurant benefit from using this tech to keep track of rewards points? Other than marketing "it's like food, b
by MichaelGG 9y ago
Some of those offer actual benefits. How does a restaurant benefit from using this tech to keep track of rewards points? Other than marketing "it's like food, but with blockchain!"?
- sushid 9y agoLook, again, it's just an example of a small scale use of Bancor's token issuance. Not a how-to-guide for all SMB owners. Using Bancor does not mean that the SMB is doing this all from scratch. After all, how many restaurants do you see implementing their own POS system with in-house engineers? And to be honest, how airtight do you think a mom and pop shop's MS Access DB backup strategy would be? I would trust "food with blockchain" over "food with please-don't-die-on-me production DB."
- MichaelGG 9y agoOK, but even a tiny example should make sense. OK so use Google Sheets instead of Access? Or anything? I don't get where the distributed, trustless, properties of blockchain tech make any sense for a centralized DB with only one source of truth (the restaurant).
- sushid 9y agoAgain, I get where you're coming from. "But what's the point?" is usually an argument that can be made for any new technology if you don't believe in the features that make it exciting and new. That doesn't mean people can't or shouldn't explore in a yet-another-noSQL DB, a new MVC framework, a new low-level language, etc. This hypothetical store doesn't have to use blockchain technology, but it could and reap the benefits or potential harms of doing things the new way.