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Comment by paddlepop

I still don't understand why this needs to be decentralised?

> without having to solely trust the company issuing the nft ticket

For the transaction yes, but what about the thing you are buying? Perhaps I am not thinking creatively enough, but I can't think of a use case where there isn't ultimately some trust required other than solely digital assets.

Using your hotel example, you will end up at the hotel where they can choose to honor your ticket in the same way as their traditional booking system. There was no need for this to be on a distributed ledger as the asset (a hotel stay) was between you and the hotel.

You are not cutting out the middle man of some SaaS provider, you are substituting them.

parent paddlepop 5 years ago

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