>so the whole system is automated, distributed and tamper proof No it's not. It all still depends on people honestly and accurately implementing the IoT compon

>so the whole system is automated, distributed and tamper proof No it's not. It all still depends on people honestly and accurately implementing the IoT component. It's just pushing the problem back a step. All of these schemes ultimately fail because they face two challenges that inherently involved messy humanity and physical reality: the oracle problem and the enforcement problem.