In the future people will be saying "Is it Blockchain Compliant..??" It's already started..!!steemCreated with Sketch.

in #blockchain8 years ago

BLOCKCHAIN COMPLIANT

Not surprisingly 2017 has kicked off to a great start for Blockchain Technology and we are only in the third week.

As predicted Blockchain is set to make the headlines throughout 2017 and it came as no great surprise to read this article today in the Guardian.

Credit to the Guardian for the content.

https://www.theguardian.com/global-development-professionals-network/2017/jan/17/blockchain-digital-technology-development-money

Credit: theguardian

What I really wanted to talk about today is how Blockchain will be adapted in the future.

Like Barcodes and QR Codes we will soon be seeing "Blockchain Codes"..!!

Now whether these codes look like either one in the above slide or something totally different, it doesn't really matter, because the point I am getting across is that in the future ALL PRODUCTS will be “Blockchain Compliant”..!!

Just so there is no misunderstanding when I say ALL products, I mean EVERYTHING from bananas, to tv's, to cars, to shaving foam, to music, to milk, to fresh meat, to sofas, to pens, to watches, to houses, to land...... you get the message, EVERYTHING..!!

In the future everything you purchase will have it's very own Blockchain "Digital Record" and by purchasing it the transfer of ownership to you will be recorded on the Blockchain.

Think of each product having it's very own Digital DNA..!!

Expect to hear more from Mainstream talking about Blockchain Technology in the coming weeks and months as 2017 becomes "The Year of the Blockchain"..!!


Thanks again for reading.

Stephen

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So eventually, off-blockchain items would go up in value or go down?

Both..!! Up and down. That's the point. You will get real price discovery. Stephen

An interesting idea, is that the data of the transaction history of items will be so valuable that companies will give things away so that they can get the data. Ford gives you a car so that they can get the data you generate from using the car.

Not entirely. It's all about transfer of ownership and at what value. Basically who owns what and what was paid. Think of it as a fully trackable transfer of ownership from manufacturing to consumuption / ownership. Stephen

Awaiting the first Blockchain Birth Certificate the question is, which one Ethereum? Others?

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