Why blockchain doesn't solve the actual problem: you literally need human inspectors who know the scams. https://twitter.com/a_ferron/status/896795477844389888

Why blockchain doesn't solve the actual problem: you literally need human inspectors who know the scams. https://twitter.com/a_ferron/status/896795477844389888 https://twitter.com/a_ferron/status/896795477844389888 This is just a bad "but with blockchain!!" puff piece. You would probably believe how many of these I read ... It's "here's a problem!" (problem may or may not exist) "Blockchain will solve it!!" (it won't even if it does exist) Note that nothing about the actual problem is automatable - it's not about tagging the items, it's about the quality for humans of the tagged items. The blockchain approach relies on the assumption that the current crooks will suddenly tell the truth when they're entering data into the system, rather than e.g. lying, or bribing inspectors, like they do now. The only thing that actually works is to (a) give a hoot (an important prerequisite) (b) directly inspect your suppliers. e.g. Provenance Inc. is trying to sell this stuff in the UK, but is getting very little traction, because putting it on a blockchain doesn't solve any of the actual problem, and their prospective customers (the people in the middle and end of the supply chains) are going "what on earth, this doesn't solve any problem we have." I wrote a book chapter on this ...