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So the idea would be to create a giant file of every Rolex transaction made in the future. And then search through that file for a given NFC tag to determine au
by hooande 5y ago
So the idea would be to create a giant file of every Rolex transaction made in the future. And then search through that file for a given NFC tag to determine authenticity. Doing all of this in case Rolex goes out of business and can no longer maintain a hypothetical authenticity server?
Gotta say, it sounds kind of crazy
- nefitty 5y agoThis is about as good as it gets with crypto.
- infotogivenm 5y agoCouldn't agree more. Supply chain verification is inherently authority-based... if only at some point in the creation of the internet we had invented a system for verifying authoritative claims on things ;) Not to mention that with certificates... Rolex can totally disappear into the wind, yet you can still verify the certificate provided you know Rolex's root. And all this for <$300M year in mining fees!