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Benefit of the hindsight (sub.wetshaving.social)

submitted 4 weeks ago by weird@sub.wetshaving.social to c/memes@lemmy.world

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[-] AA5B@lemmy.world 1 points 3 weeks ago

The blockchain is distributed.

For example, you might use it as a trademark registry or to certify a chain of legal evidence. You can validate a presented copy matches the original and what the chain of ownership was. And you can do this without the single point of failure of a nationwide database

[-] MotoAsh@lemmy.world 1 points 3 weeks ago

Who holds and validates the original you're comparing to?

[-] AA5B@lemmy.world 1 points 3 weeks ago* (last edited 3 weeks ago)

That’s the point, a use case where no one has to. It’s only the record of ownership.

And clearly you’d still need to make arrangements to prevent multiple chains of ownership for a copied artifact

NFTs make the mistake of assuming that somehow makes it unique, forgetting you can just copy the original. However these use cases work from the opposite direction: given an accused infringement, does that match?

Consider the current use case for trademark. Someone creates a trademark and registers with an authority. At some point they may renew modify, or sell. After some time, that authority has a database containing the original and a chain of ownership. Blockchain could serve this identically, with the potential advantage of the chain being self contained and distributable

[-] MotoAsh@lemmy.world 1 points 1 week ago

That is not how the chain has worked or could ever work. There is a reason after over fifteen years people are still speculating how blockchain can be useful.