Thread: Blockchain
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Old 05-09-2021, 02:39 PM
Frankish Frankish is offline
Fr@.nk T.ot.@
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I like the idea of tracking the history of cards to avoid trimming, other frauds, sales after theft, etc., but blockchain probably wouldn't make the most meaningful contribution in this case. The card is a physical asset that would need to be tagged permanently somehow. And if that were done then a simple registry at the time of its initial tagging (high res photo files, etc) would be sufficient for many of the issues.

If the card itself weren't tagged, what would stop someone from simply cracking the case, altering or selling the card, and tossing the slab in the trash?

That said, I'm not dismissing that blockchain technology can't be used in a meaningful way in this industry...just that there is a base, physical layer to the problem that must be addressed first.
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