Diamonds, Sneakers, Provenance and the blockchain
money·@darknet·
0.000 HBDDiamonds, Sneakers, Provenance and the blockchain
http://www.youtube.com/watch?v=92FCRmggNqQ >Little is known of Sierra Leone, and how it connects to the diamonds we own I quote this from Kanye West, because, well, he is right, but actually, hopefully Everledger looks to change that. Have you heard this story? This company [www.everledger.io](http://www.everledger.io) takes diamonds, scans them, and saves every nuance that makes it a diamond into the blockchain. A digitally trackable diamond. As a blockchain developer, I think this is brilliant. Brilliant! What does this mean though? Well, it gives the diamonds provenance - the ability to be able to track where it came from, where it has been, its qualities (the 4Cs - Cut, Color, Clarity, Carat-Weight). It is important to know this fellas, especially if you are about to pop the big question. Learn about the 4cs more here [www.4diamond.com/4cs/](http://www.4diamond.com/4cs/) Provenance, proof-of-authenticity are going to be big things in blockchain. I can't help but wonder at other ways to use this tech. I say keep an eye out for them, also - [www.provenance.org](http://www.provenance.org) is another project I am interested in. Anti-counterfeit measures are already in place in fashion, in technology like the smart tags we see being attached to shoes such as we see with [www.chronicled.com](http://www.chronicled.com) which use blockchain technology to prevent counterfeit. Bonus etymology: >counterfeit >Origin >Middle English (as a verb): from Anglo-Norman French countrefeter, from Old French contrefait, past participle of contrefaire, from Latin contra- ‘in opposition’ + facere ‘make’. #money #blockchain #ethereum #bitcoin #litecoin #dogecoin #steem #steemit #news #darknet #changetheworldshit ****Follow me @darknet for more cool shit - just hit follow in the top right****