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Crypto is digital. When will physical assets be brought on chain?
by
rjefferson
on 19/05/2022, 20:58:06 UTC
It’s been an interesting 2 years for NFTs. With the wave of art (and now physical art), I’m wondering what the next use case is for crypto. I see the future of crypto as one that is interchangeable—where physical goods can be brought on chain. Think: being able to digitally verify/authenticate that you own your Rolex. And even broader, people that seek luxury goods are able to authenticate the goods that they product.

This is essentially a whole ecosystem. There are some companies working on this but they all seem to be very centralized. The only company I’ve come across that aims to be decentralized is 4K. Has anyone heard of any other ones aside from big web2 companies like StockX and Louis Vuitton?

Reference: https://mirror.xyz/4kprotocol.eth/Ud8fP2pzv6-bb3dubcjjTBkko3qp4DsqKv5vVn5yOL8