Thread: Blockchain
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  #22  
Old 05-11-2021, 03:17 PM
packs packs is offline
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Quote:
Originally Posted by UKCardGuy View Post
Blockchain doesn't actually imply full disclosure. It just facilitates it if the platform wants to go that way. For example, the blockchain behind Bitcoin is transparent in that anyone can see the balance of any Bitcoin wallet. But you don't get to see the name associated with that wallet. What you can see is the number associated with the bitcoin wallet (e.g. the account number).

In fact there are researchers that follow the bitcoin wallets associated with Spam emails to see how many people fall for them. They can see the balance in the wallet on the Blockchain but not who owns the wallet.

If you use the PSA registry.... Its a similar principle. You can see the cards in a registry, but not who owns it.

Right, but people are saying the advantage would be in protecting cards from being worked on. I guess I don’t understand how this would improve the flaws related to the registry.

Last edited by packs; 05-11-2021 at 03:30 PM.
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