People lying has always been a problem with grand internet visions. Remember the semantic web? It never went anywhere because people lie in metadata. There w

People lying has always been a problem with grand internet visions. Remember the semantic web? It never went anywhere because people lie in metadata. There would have to be some sort of reputation system for participants, but with that comes an independent adjudication system to determine who is telling the truth. This brings back centralization. I was talking with some people I know who work on HyperLedger, which is really lightweight blockchain stuff connected to the Linux foundation, and they say the most used blockchain is the one used for tracking where diamonds came from. I guess they are unique enough, or identifiable enough that they can't be easily replaced by diamonds that came from outside the system.