We purchased a box of this Dole sweet corn. 🌽 Very tasty! Got me thinking:
Can #Blockchain technology really help with supply chain traceability & authenticity of goods?
- Is this corn packaged by Dole?
- Is it really from stated country of origin?
- Really non-GMO & organic?
My thoughts about whether the so-called #Blockchain technologies can be applied to #RealWorld activities:
Regarding this box of corn, in terms of it being: genuine, nutritious, organic, non-GMO, from stated country, unspoiled & safe to eat: Who am I solely & implicitly trusting?
A hint for the correct answer? Apply the same questions above & tell me about this @LouisVuitton handbag.
Do I trust the brand, manufacturer, selling merchant, or delivery person?
Can #Blockchain technology actually help with authenticity & supply chain transparency? Not really!
Answer: More than anything else, you have to trust the Selling Merchant
(the person/entity you're buying from directly.)
None of these matter:
- #Blockchain technology
- Brand power
- Manufacturing company
- Tamper evident/resistant packaging
- Delivery person
I openly challenge someone from #VeChain $VET to come & debate w/ me. We can do it live at public conference or in a video podcast.
Come convince me that VeChain is a #Blockchain solution for supply chain tracking, such that we can do it in a trustless way, w/o a central entity.
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