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Hard to say for me, because the obstacles and problems in these projects are always legal and business. I'm just an engineer ;) > use case where I personally s
by askmike 8y ago
Hard to say for me, because the obstacles and problems in these projects are always legal and business. I'm just an engineer ;)
> use case where I personally see the benefit
This is just infrastructure (as it should be), right now the middlemen are very expensive because of all the paper documents going between companies, and all the people hired to go over all of them. The usual arguments for these projects are:
- Cheaper
- Quicker decision making & communication
- Less fraud & errors
For us consumers that would probably result in cheaper apples in the the grocery store I guess.
- hef19898 8y agoThanks for the quick answer! So it would be fair to say to get rid of the paper work by making it digital and using blockchain to reduce the fraud risk? Anyway, I'm really curious to see what people come up with! And yes, being faster and cheaper is summing up logisitcs pretty well! ;-)
- askmike 8y ago> So it would be fair to say to get rid of the paper work by making it digital and using blockchain to reduce the fraud risk? I'm no expert on fraud, but I think most of it comes when data enters a system. With a blockchain (or any digital system really) you can easily check that your data stays consistent (when it needs to be between different documents and contracts). But if the guy entering how many tons of apple are in this container is lying about it a blockchain won't really help you.