/biz/ - Business & Finance

Have multiple sensors in someone's yard that keeps track of the grass height and once it's removed after being above a height that the sensor detects the smart contract executes and deposits $50 into Hector's bank account.

bump

That fact that the alpha is live and this thing still is cheaper than a scratch off lotto means.... give it up linkies

The kid who cuts my grass only takes cash.

>>7838757
your lawn mower is a filthy nocoiner
take it to the dumpster and get a next gen one

>>7838757
Then have the smart contract unlock a box filled with pesos.

>>7837737
>I'm not talking about shit like gambling on the weather or retrieving price data. Bots can already do shit like this and it doesn't need to use decentralized oracles.
Fuck sake anon how can you be so invested in something you don't understand?

>>7838818
look I get it that those things could work with decentralized oracles, but that's not what the layperson will use smartcontract.com for. Aside from big bank and corporate use, Link can be used by randos who think like an anarchocapitalist. People are going to want to make their own personal smartcontracts for random shit. Don't you think it's a good idea to use the alpha to create a usable ecosystem in case the big players don't use chainlink?

>>7838724
Holy shit, there is a working product? I thought LINK was vaporware.

was also at the conference at dallas...

>>7837824
All you’d have to do is tamper with the sensors. For something trivial like mowing a lawn it may not be worth it, but for something like a security lock guarding a vault with private keys in them, the “sensor” is not decentralized. This vulnerability would be in any kind of any contract that involves IOT devices instead of digital data.

AAAAAAAAHHHHHHHHH
WHY IS IT GOING DOWN, MY LINK BROS?
WASN'T OUR GOD KEK ON OUR SIDE?
HAS FATE MARKED US AS UNDERDOGS FOR THE REST OF OUR LIVES?

>>7839091
>All you’d have to do is tamper with the sensors. For something trivial like mowing a lawn it may not be worth it
Definitely. It's a shitty example but that's all I could come up with off the top of my head. Lots of different ways smart contracts can be implemented.

>>7838962
Yes it's a great idea for the biz linkies to build nodes, I agree with you that would be an excellent way to drive the project forward and encourage adoption. However, if you don't think that decentralised oracles aren't useful for getting things like weather or stock information then you REALLY need to do a bit more research, especially if you're thinking of building a node.

>>7839104
Buy more.

>>7839091

I'm not giving Hector the keys to my vault. I don't care how good of a job he does cutting the grass.

>>7838691
>>7837737
How many /biz/ bros were in that room i wonder

>>7837824
have the sensors only detect the grass by color and have multiple targets to create an average height for more trigger accuracy

>>7839235
>just mow around the sensors
>get paid

>>7839235

Far more complicated than.... look out the window, see if Hecktor cut your grass.

>>7839290
Probably not the most practical use of smart contracts.

>Sergey pops out of no where and makes his first tweet in 4 months
>It's a quote, directed at the CEO of Salesforce
>Salesforce turns out to be an API provider

So that seems a bit random, right?

>>7839020
Lol anon, you didn't miss the #7777777 get, or the main net announcement did you?

Smart contract for construction noise levels at night. If sensors detect noise [jackhammer] etc over certain level after a specific time, the construction company pays x amount per minute.

>>7839042
nice! I had a great time
>>7839138
Made this thread to expand ideas:
>home-building payment plans based on layers of completion
>payments for merchandise contracts
>things that require satisfaction payment feedback
>subscription payments
What ideas do you have?

>>7839120
My point is that smart contracts are currently largely limited to purely digital data (eg api data) due to the fact that any node can be tampered with if any potentially biased party can realistically physically access it, such as sensors that measure height of grass. I say largely because some physical things are large enough to be measured in the real world without anyone having realistic access to a node (you could be using machine learning to describe weather conditions from your apartment)

https://youtu.be/yRJBNQwsniY never forget

>>7839323
Except, do you recognize the guy in this picture?

That's Dimitri Roche, ChainLinks new dev. Before he came to ChainLink he was CTO for a company called Loop & Tie

>>7837737
Holy fuck, from the thumbnail on the right side I thought it was Sergey with a big exposed pregnant tier belly but it was just a balding guy.

>>7839356
Now guess who owns Loop & Tie?

That's right. Salesforce motherfucking Ventures.

>>7839378

>>7839356
is this a bot

tipping intensifies

>>7839411
No. And you're welcome.

>>7839378
>>7839356
i see these exact two posts alongside in several threads, its fake. this is the new meme.
Poster is a faggo

Close your eyes, make a wish, try to clear any thoughts you are having
Take long, slow, deep breaths and put all your focus and attention onto your groaning
iiiiiiiinnnn.................... ooooooooooooouuuut
innnn.....
outtttttdaddy

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all fappening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep and tug it gently.

WHEN WE DO SEX COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMCISIONS WILL ALIGN AND BE ATTRACTED TO US MOMMY - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you allllllll

>>7839346
You can think of it like having a centralized location. If all the ChainLink nodes for some absurd reason had to be at Sergey’s Apartment (similar to how all nodes would have to be near the lawn to measure the grass height) then the advantages of decentralization are lost since someone could find his apartment by following the trail of Big Mac wrappers and tamper with the data

A smart contract based on shilling Chainlink in /biz/

You're assigned keywords to use in your post. The machine scans posts and deposits 3 LINK into your account every time you claim it's going to moon.

>>7839425
>It's fake

https://twitter.com/SalesforceVC/status/928078000666558465

What now? Has Salesforce Ventures' twitter account been hacked since November?

Close your eyes, make a wish, try to clear any thoughts you are having
Take long, slow, deep breaths and put all your focus and attention onto your groaning
iiiiiiiinnnn.................... ooooooooooooouuuut
innnn.....
outtttttdaddy

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all fappening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep and tug it gently.

WHEN WE DO SEX COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMCISIONS WILL ALIGN AND BE ATTRACTED TO US MOMMY - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY! fupa
I love you allllllll

>>7839460
why would I recognize any evidence you, a confirmed liar, would present?

reported

>>7839522
>Provide verifiable facts
>Confirmed liar

Fuck off, pajeet.

>>7839420
What are you implying m8? A partnership?

>>7839682
I think he's just implying that there's a connection

I wrote this earlier, but I work at a public transportation company. City has roughly 1.5M travellers daily.

Politicians are, as everywhere, pushing for us to be the best on the continent, and environment, etc. Which means more electric buses, autonomous busses, etc.

Anyways, we have a "travellers guarantee" which means that anyone using our app and is delayed 20 minutes to their destination due to our failure to deliver, is refunded their ticket. But today the passenger needs to contact customer service and prove that they were late by providing times, which buses/trains, etc. And customer service has to check to verify that it was late. There are tens of thousands of these requests EVERY SINGLE DAY, and it's a huge drain.

We're looking at smart contracts to automize this process. Biggest challenge IT department is having is pulling GPS data from the app to the smart contract to make it execute correctly. I mentioned ChainLink to them a few weeks ago, but everything is nazi in the public sector to avoid insider trading. Everything is need-to-know. So I have no idea if they contacted Sergey or scrapped the idea of using LINK.

>>7839682
streets with shit sensors that charge pajeets for illegal poopings.

>>7837737
>>7837824
several cameras pointed at the lawn compare it to the reference image. Uniformity of cut, edging, clean up can be discerned by any good image recognition algo. Landscaper just has to initiate the comparison with a simple call after he is done.

>>7839730
Damn

>>7839553
look, nigger.
We are getting sick of seeing the same pasta.
Whats wrong? didn't get enough attention from your ground-breaking discovery so you have to post it in every thread?
Christ you are pathetic.

>>7837824
don't do the lawn thing because it's bad, smart contracts for employees completing a task, receiving pay immediately after a sale, coins for a report completed, etc.

>>7839798
recognize his sleuthing you philistine! you must be that sherlock faggot, jealous of this junior detective's fine fine work. shameful display,

Oh yeah go ahead, just use the product someone created and show the world it works and is functional.

Sergey sells chain link technology and gives up on the coin because when he sells his tech to a multi billion dollar company he can just be fat and wear runners

>>7839730
true if massive

>>7837737
You could use link for contractor services.
>pedro wants your cash and a good rating for his services
>you want a high quality deck built as quickly and cheaply as possible
>set up a smart contract
>your review on Pedro's website will be fed into an api that a link oracle will use to trigger a payment

Some of the biggest problems with building shit is finding good people that aren't trying to rip you off. This would incentivize contractors to work efficiently and provide a fair price because the more good work they do, the higher a rating they get which will bring in more work.

>>7839470
you are a MANIAC

A smart contract for mowing a lawn is retarded. Only quantifiable, data driven information should be used for smart contracts right now. You don't get a "number" spit back at you when you mow the lawn. Bad example.

https://m.youtube.com/watch?t=553s&v=AfJiRsYpgyc

The video briefly talks about which events decentralized oracles are useful in verifying. The interviewer mentions something like painting a home delivers a payout to the painter if and only if the home is painted white. That is not a good use case. Bond payments and other easily verifiable information where there are multiple sources work the best with decentralized oracles.

Most of the data coming from these sources have good use cases for decentralized oracles because the data is hard to fake when you use multiple sources to verify.

Also thanks to town crier and Intel sgx the Oracle providers won't know everything about the smart contract they will be providing data to. This means they won't have incentive to fake data. The Oracle providers wont know the outcome of false data provided therefore it will never benefit them.

An example would be if your friend Tom bet money that his favorite football team would win the Superbowl and you happen to know that you own 9 of the 11 oracles providing data into his smart contract that would determine if Tom gets a payout after the game ends. You would have incentive to have your oracles provide false data so your friend Tom wins the bet. Thanks to town crier and Intel sgx you (the data provider) won't know you would be providing the data for Tom's bet therefore you wouldn't fake the data.

Now imagine insurance companies paying out after natural disasters (like hurricanes). You have builders required to build up to a certain code, say 100 mph wind speed. If the wind speed goes over 100 mph the insurance company pays out. However if wind speed is below 100 mph, the builder (or their insurance company) pays out. Now you need a decentralized data solution. Both parties have a interest in knowing the wind speed and knowing that the weather data is accurate. You can build smart contracts that will execute payments based on this data (potentially millions of dollars).

>>7839910
good example
>>7839997
agreed, but with a functioning oracle you can input subjective data as a yes-no or scale, so it could be as simple as: I put up the money, pedro agrees to the work, pedro says the lawn is mowed, I say the lawn is mowed, contract executed (non-refundable)

A company could use link to automate payments of employees and vendors.
>employee punches in
>works x hours in a week
>this data is fed into a smart contract that pays out hours x payrate
>vendor puts rfid chip into shipment
>chip gets scanned at the store
>this triggers payment via smart contract
>both of those successful executions of smart contracts are fed into another smart contract that records the transactions in the company's accounting ledger
>the entire accounting department is now entirely obsolete

You could use link for automating employee raises
>data like being on time, leaving early, extra time spent on lunch, performance reviews, and customer compliments could be fed into a smart contract
>could be something like this
>if on-time percentage, leaving early, and long lunch is less than 10%, performance review is greater that 80%, and customers complements is greater than 5, a raise of 10% is automatically triggered

>>7840266
this is a great one! Incentivizes the worker and the employer

You could use link for car renting
>use GPS for miles driven, speed relative to speed limit, hard breaking, time of driving, and weather conditions
>cost of renting car = (miles driven x fixed rate) x (miles/hour over posted + number of times coming to a sudden stop + 1 if >50% driving is after sundown + Y determined by local weather api)

>>7840429
This would also work for auto insurance if you added a multiplyer for number of tickets, age, number of accidents, etc

>>7840446
Further, this would make insurance companies obsolete.
>hook up sensors to car
>data is fed into smart contact
>the cost could be automatically deposited from your bank API
>payouts come from the pool in a deterministic manner

You could use link to determine if an executive should be given a raise or fired
>if sales increases by greater than x year over year then give raise
>if sales fall by x then his contact is ended

You could add other multipliers here like % of on time projects, employee satisfaction, client satisfaction, etc so it can't be fucked with by him or people who dislike him, but you get the idea.

>>7840429
I've been working on a business idea revolving around "car-sharing" in my city for people who don't have a car, but only need one occasionally. It outcompetes rentals by far.

>Be guy living in city, no need for car
>Be part of "car collective" and pay a $200 annual fee, which is what covers insurance of fleet and part of administrative costs
>Need to use a car? Cars are stationed throughout the city in collaboration with local businesses
>Open app and book the closest one
>Pay X for kilometers driven, plus Y for for hours used

And now, with your idea;
Instead of manually inserting miles driven and hours used, it gets charged automatically through a smart contract.

Fuck me. I might actually get to speak to Sergey himself when I've got most things set up.

>>7840429
>>7840446
>>7840476
well done. I'm wondering if any anons can create an api compatible with chainlinks alpha to test some of this stuff

>>7840569
Oh, and to specify, the cars won't be private vehicles people share out to strangers. They'll all be owned by the company, and the membership fees will be used to maintain the fleet.

You could use link for renting apartments
>landlords want stable tenants that won't fuck up the house
>tenants want cheap rent and for timely maintenance when things break
>the landlord could rate the tenants based on things like on time payments, noise complaints, damage, etc
>the tenants could rate the landlord on fairness of rent, upkeep, etc
>this rating would follow both of them around and incentivize landlords to not be slum lords and tenants not to cause problems
>future landlords would use this rating to decide if they want to rent to someone and future tenants would use the rating to decide if they want to rent from someone
>this means the better a landlord is, the better tenants will be attracted to him and that the better a tenant is the more likely they are to get an apartment

>>7840623
Make it so, this sounds like a great idea

>>7839910
>>7840134
>>7840266
>>7840529
You could also have all of this data fed into another smart contract that would serve as a resume on the blockchain.
>at his last job, Chad was on time 95% and received x customer compliment and Y complaints, x% of projects he worked on were finished on time or ahead of schedule, etc
>this would be better than traditional resumes because you could have a program sort applicants based on business needs
>this would also be better because it would be a resume written from employers and customers rather than the person himself so it's as objective as a resume could be

Link could also be used to rate companies by average salary data, turnover rate, benefits, customer satisfaction, employee satisfaction, etc

>>7840134
>what is a chargeback

Link could also be used to automate parking in cities
>city has x parking spaces
>parking meters would be changed into sensors
>as spots fill up, rates increase
>this will cause people to only park as long as they need to, thus freeing up space and keeping cars off the road
>this will reduce traffic and therefore pollution making the cities much nicer places to live and incentivize walking

>>7840266
Retarded one. No point in decentralizing this. The company can trust their own server data for employee check ins.

>>7839730

>>7840993
If it's trustless it will incentivize employees to give a shit because they'll know their is no favorites or politics being played also works well with this>>7840848

>>7840972
Its a potential problem but I'm sure there is a way to program some exception for it

>>7839730
neat.

>>7840623
check out car2go - they have this service

not discouraging, just know your competition anon

Link could be used to lower the cost of Healthcare in the United States
>hospital A charges insurance company x for typical visit
>hospital B charges insurance company y for typical visit
>if A is less than B, the insurance company could lower the patients premium for going to hospital A
In this example link wouldn't be necessary, but it is on a large scale.
>you and all of your extended friends and family make insurance smart contract
>hospital price API is fed into the smart contract
>you get charged deterministically based on use and price relative to distance
>this will cause some hospitals to lose money
>that will force them to lower their rates so they don't go out of business
>since you are in a pool with all of your relatives, you will be incentivized to live a healthy life since they'll shame you for doing unhealthy things that raise their costs

>>7839730
You should follow up with this. See what the latest update is

>>7838691
Look at these niggas on the phone. Complete disrepsect unless they're using it to buy link

A smart contract for John McAfee to eat his dick on live television.

were chasing the big cryptos dont give up

>>7840569
What is zipcar

>>7839104
because a link is destroyed per transaction, so if it becomes 100 usd a transaction no one would use it?

>>7841971
No it isn't.

Smart contracts cure autism

>>7841971
Its divisible to 18 decimal places.

I understand this project

>>7842366
CHECKKED

>>7839730
Just the thought of having my node work on an assignment like this makes my dick diamonds

>>7839418
This guy fucks

>>7842366
Fuck. Now I want a big mac. No. A classic angus.

>>7842757
>Not just eating four McDoubles for dinner

>>7842366
filthy frank front row middle, link must be top notch

you guys are making this lawn mowing way more complicated than it has to be with sensors, cameras, ect.
If the Gardner took a pic and sent it through a smart contracts app that allows approval for anything with whatever agreed evidence. all the client would have to do is click that they are happy with the work and rest of the process just happens in the background. it is still removing steps from the process. the normies are not going to put sensors in the yard to monitor the Gardner, how much do you think that would cost? Its got be baby steps, most everyone has a smartphone..
All you need to do is approve the work, no logging into the bank necessary

>>7840972
>charging back a blockchain transaction

So I’m sure most here know about psd2, which means that European banks will now have to provide APIs of their banking data. I think this is part of what Sergey meant when he said that “every bank will have a chainlink (node)”. These nodes will be a way for banks to monetise their APIs. Psd2 was implemented because Europe WANTS to spur economic growth in the new fintech centre. You can easily see how a chainlink node fits into this.

What you may not know is that the 21st Century Cures act means something similar to health insurance in the states to psd2 for banks. Medical records must be available as APIs. This should spur innovation, create a new economic market, and potentially help medical research if the data is useful to scientists. It was also discovered that Andrew Hoppin, one of the guys behind chainlink crypto fund, has founded a blockchain medical project where you can sell your own medical records for some medical crypto token. I speculated before that the chainlink crypto fund would be a node for this project, but I’m not so sure. Even if the CL crypto fund has nothing to do with SmartContract.com the usecase is still there and someone else could do it.

I understand the idea of selling data but I’m actually not sure I understand the smart contract part - why/how do APIs from these specific examples need to feed into a SmartContract? What contracts could be triggered from health data bank APIs? If any anon smarter than me can explain, cheers.

https://www.ca.com/en/blog-highlight/open-healthcare-apis-are-now-the-law-of-the-land.html
Link for more info

>>7840977
THIs one is pretty mindblowing

>>7839454
I know you are joking but this would work wouldn't it?

-A brand wants to market on reddit.
-Puts out a 5 Link bounty to mention "Target" 5 times on one subreddit.
-A freelancer takes up this contract
- Shills to reddit.
- Website is scanned after 24 hours.
- Freelancer is paid 5 Link

Am I wrong with how this works?

Couldn't this revolutionise any type of freelancing work?

What are the negatives?

Also try Starbucks

>>7843609

Couldn't someone that hasn't used a hospital be given 1 Link (example) as a bonus for not using medical services for not visiting a hospital. (A no-claims bonus)

If every six months there has been no visit.

The health service pay 1 link.

cant wait for EOY

>>7843846
>>7843943

Fuck I only had 2 examples and some fucker up above. Has already basically described both my ideas in more detail.

Heres another one: tax distributed over time spent in a country.

All you would need to do is hook up the passports to a contract

>>7843943
These medical nodes I’m talking about as part of the new Act are more for the insurance providers though, to sell your records via APIs, not for individuals. I still don’t understand where the smart contract part comes in though. With banking I’m also not sure. Hope someone here can help me understand.

Selling or sending your own health data via a chainlink node to your insurance provider is a feasible idea Anon but it’s fucking retarded at the same time. A no claims bonus for healthcare? Christ, imagine being incentivised to not get treatment when you’re sick. That’s a terrible idea. Imagine though if everyone with a Fitbit tracked their heart rate, exercises habits and weight and then sold that data to some scientists. You could get massive datasets. It is quite standard to pay participants in clinical trials. But again I’m not sure where the smart contract comes in

SOMEONE SEND THIS THREAD TO SERGEI HOLY FUCK

>>7838691

OH SHIT SERGEY GOTS DAT WAKANDA MONEY

>>7844286
>white ID

KEK WILLS IT

HAIL SERGEY

>>7844286
kek that guy was sitting in the same chair all three days wearing the same damn parachute

>>7843670
it also in no way requires smart contracts or decentralised oracles. the system operator is already a trusted party.

existing parking metering systems are centralised and work just fine, the barrier to on-demand pricing is one of consumer education (why is my uber more expensive on new years eve THIS IS A SCAM HURR).

t. 180k LINK holder

>>7839751
Satellite images bruh. ICO to launch lawn coin satellite into space. Lawns can be provably checked for being mowed by the satellite and unless you have a fucking space ship youre not going to hack that

>>7839522
Ad hominem detected

>>7840266
Another good use-case is forcing employers to pay you if they want to terminate your employment agreement without notice. A contract could be setup to perpetually pay you unless its explicitly broken. Breaking the contract would pay you X / notice period. The problem this solves is protecting employees last pay checks who are forced to resign from shitty companies.

Another thing I've noticed is that you're not always guaranteed of getting paid in a company. If you used micropayment channels to pay wages over time you wouldn't have to wait an entire month before getting paid. A complete solution would have benefits for the employer and employee. But I do think employment contracts are currently fucked and smart contracts are an obvious improvement.

Could have all these nice clauses in there for holidays. Health care systems that automatically credit the right providers. The sky is the limit here.

>>7843846
Judging the quality of the submissions would be the problem though and it appears like an AI problem.

Nice thread idea OP. I don't post on biz but thinking of actual new use-cases is what projects need

>>7844650
>actual new use-cases

Chainlink is the key to mass-automation of a bunch of processes, obviously. There is no limit to what you can do with it. It's infrastructure. When people say that most legal and managerial tasks will be automated in 10 years, this is certainly a major part of what is going to enable that shift.

In fact, it's probably even greater than just the next step in automation. It's probably the next step in the development of capitalism itself. Think about what capitalism is based upon for a second:

1. Private ownership
2. Contract enforcement

Do I need to elaborate on point 2 or can you imagine that part for yourself?

>>7844836
Fuck I'm hard right now.

Sergey's going to start another capitalist revolution and we're here just in time for the ride.

>>7777777

>>7840081

That insurance example is one of the better and more articulate use cases I've seen so far. Thanks, anon, it's rare that there is good discussion about this project these days.

>>7841175
>>7840623

This, was using car2go to drive to my snapcar the other day lol, 2 similar companies in the netherlands

>>7843239
>filthy frank
fuck off underage cancer

>>7839091
>it may not be worth it
Wait a minute, are you suggesting that the current mechanism of exchanging money for services is more than adequate?

Automated GPS-based toll roads.

>Sign into an app on your phone
>Tracks your location
>Automatically bills you when you travel through toll roads
>Prices automatically increase with traffic congestion
>Congestion is tracked through other users of the app all sending their own speed and location data which is collated and verified by oracles
>Reduces costs for drivers because they're incentivised to drive during off-peak times
>Reduces costs for toll road operators because they don't need expensive RFID tollbooths (except for something like a camera on each entrance to fine people who don't have the app)
>Since it doesn't need toll booths, can be used for micropayments on other forms of private roads rather than just highways
>You can now theoretically have effective and seamless payment for an entirely privatised road network

>>7845408
App-Oracles, could do alot of things like that. everybody at a football game could put in the result of the game, so that you have 10,000 sources, for your bet contract instead of one. offcourse you might allso want to get the game results from the centralised "offical" source at the stadion(also link oracle), but a mix off both gives you extra security.
I think app-based oracles are the thing here! if we wanna do exciting things with LINK, we need this!

>>7843367
This.

In this example, Chanlink would come in for verifying the time of day, for instance to keep José from just sending an old pic.
And for ensiring the client actually responds/ confirms within a reasonable timeframe.

>>7845408
Or, abolish toll roads

>>7846123
Oracle apps! Make it happen /biz/

>>7837737

Bags must be heavy

>>7845408
Toll roads are already automated with rfid tags.

Also

>incentivise traveling at off hours

Peak hours are peak hours for a reason, goofball.

Some brainlet ideas

-returning bond at end of a lease. Real estate agent conducts the final inspection, triggers smartcontract. No more waiting for weeks for release through bond agency

-store refunds? If item returned within policy (x days, x condition) contract is triggered

>>7837737

GPS on lawnmower, also check if lawnmower is on, designate area to be mowed. check area covered while GPS is active and lawnmower is on. If area has been covered payout smart contract.

amidoingitrite?

Chainlink will be the medium for exchanging life extension and life support resources in the 21st century. With our ageing population there will be a need to efficiently exchange other assets via smart contracts for life-years spent in palliative care. Mechanical lungs and feeding tubes will be made compatible with APIs integrated into blockchains. The trustless decentralised town crier nodes will minimise the ethical and legal issues of allocating beds to the elderly. Owning LINK is owning your decades of life post-retirement.
Cryogenics and suspended animation are coming before the end of this century. Imagine the possibility of spanning your life across centuries utilising your 2017 autismo accumulation of LINK

>>7840848
Oh shit nigger stop giving them ideas, that sounds dystopian

>>7846713
what if its moving but not mowing?

>>7846862
fucking pedro man, always trying to save on blades

>>7839910
>Pedro
>High quality

If you want quality, hire American

>>7847916
I fixed it for you
>If you want quality, hire American
hire german

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

Brainlet idea:

Owner of car X needs repair on part Z

Owner delivers car to mechanic shop.

Owner and mechanic decide beforehand upon price and required hours of work taken from blockchain data of previous cases with the same fault that needs repair.

Owner deposits money, but transaction is not confirmed until he recieves back his car and checks to see if the fault was indeed fixed.

Repair is finished, owner gets his car, owner checks to see if everything is alright, it is indeed fixed and he check out. Money is transacted from Owner to Mechanic. All data from the job is forever stored on the blockchain and can be used as future examples.

No way for the mechanic to rip off and lie about money spent on parts / actual hours of work done.

Would this work ?

>>7845408
Mobius is unironically made for this

Look for my coming at first light on the fifth day. At dawn, look to the east.
>>7777777

>>7848666
Checked....meme magic is real

>>7839104
nigger chill, its btc. we shall ascend afar, almost in midst of the heavens!

>>7848666
AAAAAAAAAAAAAHHHHHHHHHHHH, WHAT DID HE MEAN BY THIS!!!

>>7847956
Ahahahahaha did you write a letter of support to? Watch him wear it

>>7848666
Hail Sergey

>>7840677
There is absolutely no need for an oracle when the only data is people talking about their feelings

I was promised easy 3 dollar once test mainnet was launched Q1. WTF happened. Stood here with stone bags again. No one with proper money believes in this.

>>7849355
THIS HAPPENED
WHY CAN'T WE WIN AT LEAST ONCE, LINK BROS?
WHY AREN'T WE MOONING?
ARE WE GOING TO STAY AS UNDERDOGS FOR THE REST OF OUR LIVES?

>>7849788
Motherfucker, could you chill out for a bit?
LINK is still a new coin with less than a year in the market. It will take time for it to reach a dolar again.

Have faith in kek god.

>>7849888
Checked. Kek be praised

>>7849888
Kek has spoken

>>7849888
can confirm

enforcement is really the key thing as some anons have mentioned. I was thinking about some public/private trust-based use cases.

for instance, with an oil spill cleanup: you could have had BP pay a large fine into a smart contract in escrow, then use an oracle to get inputs on the progress of cleanup. as the cleanup job is being carried out, the incentive is scaling down the fine within the smart contract.

>>7840569

thanks, copywriting that now, i'll see you in court

you guys are thinking about the lawnmower all wrong. it's not going to be juan interfacing with a smart contract when he mows lawns, it'll be a IoT robot that's designed to keep track of all that shit. and in that case, you don't really need oracles in every lawn, you just need to trust the robot and uber-like company/service that would own them.

>>7849888
AAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHH
I REALLY WANT TO BELIEVE, LINK BRO, I REALLY WANT TO BELIEVE
BUT I CAN'T BE A BELIEVER WHEN WE ARE HALF WAY TO PLANET 0.50

>>7850205
You're probably my least favourite link posterspend that time and energy trading or doong something productive ffs
How old are you? 16?

>>7850205
Everything is dumping

Continuous emission monitoring systems for regulatory monitoring. Decentralized oracle for collecting the IOT monitoring stations.

>>7850049
The only thing I don't like about your idea is that it is a burden to the parties involved rather than an incentive. As per the conference, we need to incentivize through greater features to outweigh the the uncertainty/risk of third-party contract intervention.

PLANET 0.50 HERE WE GOOOOOOOO!!!

>>7842713
Nice memespeak, cringe faggot

>>7850205
>>7850588
jesus christ just fuck off

>>7844221
He knows, why do you think he's doing all this

>>7848666

>>7843846
If the target brand is Starbucks, you just need to make 5 posts saying 'Starbucks is gay' and you would technically qualify. However, this does the brand marketer no good. At best you could use that type of scanning to help identify candidate bounties to be paid out, and then have someone scan through those to determine if they meet the guidelines, etc.

>>7850123
this

>>7844836
Terrifying, we're actually going to destroy the lives of many many people when their jobs get automated.

>>7844836
>the next step in the development of capitalism itself
and they thought bitcoin was huge. just you wait.

>>7839910
How would the Oracle know if the review is good or bad?

Serious question here, kinda urgent. Does anyone know what kind of pants Sergey wears in pic related and how are they called?
hard to see but I'm assuming they're sweatpants?

>>7851975
Who cares as long as my memecoins make my rich. No excuse for anybody who had internet and $1000 to spare in 2017

>>7852591
>kinda urgent

>>7852591
god damn i love him but those buttons are stressed to the max

>>7848018

I thought about setting up a chainLink masternode, but there is no reward, why should i do it?

>>7853144
there is no masternodes
It's a node and will require you to do actual work

>>7853144
>masternodes
>no reward

It would be great for ensuring artists get paid royalties for their music. Every time a song is played in a commercial the musicians are supposed to get paid, but they don’t always do so that’s why we have organizations like BMI and ASCAP. Track lists could be encoded into episode metadata or even generated automatically by a Shazam like service that scans every episode for song matches (the songs would have to be registered in a library which is already standard for song licensing). I think this could remove a lot of middlemen and corruption from the music industry. Thoughts?

>>7853408
DRM and royalties is a big theme for blockchain, and I spoke to a producer who got rekt in the early 2000s. Smart-contracts will definitely play a role. ChainLink could too, if as you say you could encode metadata and/or digital signatures onto the media.
It's a tricky area for sure

>>7853580
>I spoke to a producer who got rekt in the early 2000s
point was, he was also speaking to early blockchain-enthusiasts on this topic of DRM via blockchain, and there are a lot of movements happening in the U.S and internationally.

>>7853610
Great. Any resources I can explore? I think ChainLink would be great, anyone in the public can run a node and confirm what songs are aired, not having to trust some back room organization.

>>7852591
anyone?

>>7853664
not sure yet, but literally google or ddg "DRM and blockchain" and it's a massive theme since 2016 so far as I can see
It might be heavily over-rated or unfeasible, for all I know.
One of the reasons I like BAT is that it at least solves the middleman problem between publishers and advertisers. There will probably be a lot of synthesis with existing solutions/projects

>>7853747
It's not sweatpants

Lmao Nearly all the "use cases" you stinky linkies are coming up with just add a layer of complexity/cost to already functioning parts of daily life/economy. Link only has a few use cases

>muh Link will solve everything

retards

>>7843367
the lawn mowing use case is bad because it is subjective, like the house painting use case.
the smart contract should be triggered by objectively measurable inputs.

>>7853837
What is it then? I'm unironically looking to buy them, I need new pants by friday and Sergey's look comfy as fuck. Plus I'm going to SWSW and already order the Sergey shirt, need to have matching pants.

>>7840569
Great, you just invented blablacar

>>7847956
is it confirmed that hes wearing this brand

>>7850577
it's both a burden and incentive in my example, since it's a fine/punishment. The fine for cleaning the spill would scale or have different targets such that doing it slowly or poorly costs them more, but doing it quickly could reduce their penalty. The public is incentived because quicker and better cleanup is good, and the company is held liable via the escrow

>>7854937
fine/punishment is negative. Why would people use a system that hurts them? Remember that companies will ultimately have a choice to use smart contracts or not.

Do you think Sergey will keep the shirt for SXSW

>>7855411
is this a serious question?

>>7855411
need to know this as well

>>7853897
>doesn't understand the benefit of smart contracts
are you all in on Bitcoin or a no coiner

>>7855302
you missed something I read, or you're a brainlet who misunderstands everything.

a smart contract isn't inherently negative or positive. a fine based smart contract would be 'negative' for BP because in the scenario I'm describing, it's imposed as a punishment for an environmental disaster, but they aren't the only stakeholders in this situation. it's positive for the public and the govt because it holds the company accountable.
and, even within a punishment, BP can be incentivized because like I said, you could stipulate a reduction in the fine based on performance.
hope that helps

>>7855411
When is SXSW?

>>7838757
>hey thanks for cutting my lawn
>do you accept chainlink?

>>7855959

so much of all this coin stuff is embarrassing when you say it out loud.

>>7855857
>wahh OP didn't like my idea,,, he's tooopid
go get access to BPs data api's and make a chainlink node for those data feed if you think it's such a great idea. You don't need my permission... it's decentralizzzzzed

>>7839730
>pay $1.50 for bus fare
>20 minute delay
>late to work
>what the fuck, I need to be refunded for this travesty
>oh, they make this process pretty simple, huh
>why the fuck did they refund me in something called "ChainLINK" and Big Mac coupons
>why the fuck is my "ChainLINK" now worth $1.49 5 seconds after this refund

>>7855877
22 days

>>7840082
>I put up the money, pedro agrees to the work, pedro says the lawn is mowed, I say the lawn is mowed, contract executed (non-refundable)
Until it turns out Pedro missed a spot and killed your wife's garden by accident. NO REFUNDS!

As opposed to

>pedro agrees to the work, pedro says the lawn is mowed, I say the lawn is mowed, contract executed (refundable)
This is how real world contracts with cash work.

>>7856172
noone is gonna do payments in Link you idiot (let alone "chainlink".
You have no idea about smart contracts either

>>7856048
yeah, youre fucking retarded.
first of all, it's a hypothetical. it's really sad when people can't even follow broad strokes and then try to grip about details they understand even less. and you're again showing you don't really get the basis (hurr! negative! 'people' wont use it!!). fucking retard. why would you trust BPs own data in this smart contract scenario? we don't care about their own API, lol. that's exactly how they get away with shit today--obfuscating bullshit and it takes the bureaucracy years to figure it out, if ever.
the oracles in this case would be pulling data environmental data from the EPA or some other expert environmental source. I don't even know why you're in this thread, you'll probably just confuse other brainlets if you keep posting some stupid shit about good contracts for good people so link can get more 'users' or whatever your pajeet-street mind thinks is valuable

>>7856000
Doesn't sound any worse than asking "do you accept Discover?"

>>7856358
>Pajeet-yellow ID
>Pajeet-tier grammar and spelling
>shilling LINK (not Link)
Like pottery

>>7855411
>Be Sergey Nazarov, CEO of a revolutionary startup company
>want to change the world with smart contracts
>need to be as professional as possible to appeal to big CEOs and companies
>hear about a huge event in March, SXSW
>docusign CEO is there, probably a bunch of other companies and wealthy investors
>semi-professional event so no suits, just take your favorite shirt and pants and act as professional as possible
>arrive at the conference
>about to enter the speaking room
>see literal hordes of autistic manlets wearing the exactly same outfit as you
>some of them even holding chainlink cubes and screeching shit about big macs
>mfw

>>7856172

>he thinks link is a currency

lmao is this your first day here you brainlet? did you read about the bitcorn boom on facebook lmao?

>>7856438
post screenshot of your node progress or GTFO

>>7856277
chainlink is not gonna be used for grass mowing you faggot, unless you create a device that can judge whether the grass was mowed or not in a 0/1 fashion, good luck lol.

>>7856487
look at your id, kek you literal shitskin subhuman.

>>7855959
>paying with chainlink at these prices.

>>7856172
I hope this is bait because it sure is stupid!

>>7856671
>chainlink is not gonna be used for grass mowing you faggot
You do realize that this is all hypothetical right? No one is actually expecting ChainLink to be used for grass cutting. We are thinking up ways smart contracts COULD be used. This thread was fine all night until the braindead 56%ers woke up.

>>7857284
THANK YOU
it only took 217 post wtf

>>7857284
You didn't get my point. I was ridiculing that idiot becuase he clearly doesn't understand smart contracts, let alone the chainlink project. He thinks it's a currency. But even if he didn't his lawn mowing example is still stupid.
Smart contracts are not gonna be used for judging whether the grass was cut properly or the wall was painted with a peoper shade of blue lol

>>7854076
Go to any Fat, I mean, Men's plus size store and they should have comfy pants.

t. FA- fit person

How about some sort of service where you can borrow a Spotify/Netflix account for x time?

>>7839169
more than half