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RE: Elementh Foundation - Representing Ownership of Goods (& Services)on the Blockchain

in #crypto-news7 years ago

This looks like one of the crypto's that will be around when the great failing happens later o this year. It has solved a problem that faces many hi-end product retailers. The ability to authenticate a product with a simple QR code is brilliant. They cannot clone the QR code because the duplicatio in the blockchain will show its counterfeit. Creating a fake QR code will show it is not in the manufactures database.

"Madame I can assure you that your handbag is 100% authentic Hermes Kelly Rose Gold. Show me your smart phone and we can verify it right now."
Botta Bing Botta Boom! SOLD!

By the way I found this post on @jerrybanfield's #request-resteem discord channel

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excellent that you found this on request-resteem ! now I know it works :) I think this project has major potential to be world class. for me one of the interesting things about crypto is trying to evaluate who are the next generation of paypals, googles, amazons, ubers who will bring something new to the world and change how we do things.

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