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An incentive to keep track of a car history is not really under discussion, since it's already happening right now. It's just really cumbersome right now and us
by koonsolo 6y ago
An incentive to keep track of a car history is not really under discussion, since it's already happening right now. It's just really cumbersome right now and using very old tech (stamps in a books, etc). It's all made up of bits and pieces in every way.
When you buy a car right now, you expect it to come with at least a maintenance log. So that part is not an unknown.
Everything I mention already exists, it's just that it would be way easier and more complete when it would be handled by a 'standard protocol', ie a blockchain.
The same can be said for supply chain applications. But the second hand car industry has even more trust issues. Selling a car for $8000 and getting around $2000 extra because you can prove it has a proper history is not fantasy.