The :50- 1 minute is interesting if accurate about diamond smuggling and fraud hampering macroeconomic activities like fair export taxes or retailers buy fake stones through the [blockchain] technology steps in with record keeping specs distributed throughout the lands (or LANs, in this case). Everyone in the game has a replication of the information & no record can be added to the blockchain without a consensus of those involved. No one individual can add to or manipulate blockchain without the effort being logged for eternity. Not even a sysadmin can delete it. What interesting implications can such applications have on biz? Well, IBM hedges on it. What do you think?









