RE: Morning all14 Jan 2018 06:13
Reading an article on Logistics and thought I would share this quote by Bates which puts a simple twist on the importance of effective tracking though blockchain.
The COO of BitLand, Christopher Bates, explains that one of the main issues with chain of custody is knowing when property changes ownership or custodianship. Bates uses a car�s history as an example:
�It is pretty important to know if a car has been in a major accident and has frame/structural damage, he says. �If there was an immutable accessible record that kept track of the car history, there would be no way a car salesman could sell a car that had been extremely damaged.�