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/biz/ - Business & Finance

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7856600 No.7856600 [Reply] [Original]

So why do we need a blockchain to track wine?

>> No.7856615
File: 40 KB, 449x797, 2014774F-69F8-459E-8250-3D8C44C0AABF.jpg [View same] [iqdb] [saucenao] [google]
7856615

>>7856600
More importantly, what stops people from putting your tracker on fake shit?

>> No.7856647
File: 6 KB, 211x239, 1518451405296.png [View same] [iqdb] [saucenao] [google]
7856647

>>7856600
>The technology that can track wine couldn't possibly track every product in existence.

>> No.7856674

>>7856615
They'd have to buy the original product to do that, wouldn't they?

>> No.7857123

so that we can tell if it's authentic or not also to verify where it came from .

>> No.7857144

>>7856674
yes, let's tell hollywood that. Overlook piracy and illegal streaming, cos the pirate is paying to obtain the media anyway

>> No.7857183

>>7857144
>digital vs physical products
Are you that stupid?

>> No.7857200

>>7856600
There will be two types of products in the world
- Products tracked on Vechain
- Products branded as inferior products

Which will big enterprise prefer?

>> No.7857207

BUT DUDES......

GRAPES
ON
THE
BLOCKCHAIN!!!

BUY BUY BUY BUY BUY BUY BUY

>> No.7857246

>>7856615
Wow never thought of that are u a genius? thanks just sold 100k

>> No.7857411

>soon to be the biggest market in the world
>huge counterfeit problem
>vechain offers a solution

you have to be different kind of stupid not to see where this is going

>> No.7857465

Um... WaltonsChain. Fuck you. reminder that the majority of vechain posters are racist and making fun of women and asians (sunny lu). We have better Tech. Fuck you /pol/ racists. WALTONSCHAIN FOR THE WIN!!!!!!!!!!!!!!!!!!

>> No.7857491
File: 21 KB, 712x141, Lc8r8QZ.png [View same] [iqdb] [saucenao] [google]
7857491

>>7856615
https://medium.com/@vechainofficial/vechain-technical-ama-hardware-questions-part-1-ce7a5f19c3e1

>> No.7857536

>>7857411
..don’t forget.. One Belt One Road.. meetings with Belgium.. Vevid dapp.. Fiat pairings.. ATMs.. Renault.. soon, BMW.. list is endless

>> No.7857573
File: 42 KB, 600x316, life-finds-a-wei.jpg [View same] [iqdb] [saucenao] [google]
7857573

>>7857491
We'll see about that.

>> No.7857612

>>7857536
Have you ever considered that all these "partnerships" are just companies buying into the hype of blockchain so they can say to their shareholders "look how progressive we are!" and pump their stock price?

>> No.7857650

1/10 FUD. Just give up and kys

>> No.7857660

Seeing I'm an alcoholic who drinks about 4 bottles each day, I really do care about knowing that my grapes are Spanish.
Nah kidding. Imma drink even if VEN tracked it to Rwanda or Tibet or some shit

>> No.7857673

>>7857612
China don’t fuk around like dat.

>> No.7857701

>>7857660

Muga, Muga

>> No.7857764

this wanabe walt conk pandering to alcoholics and cigarette junkies disgusting and pathetic

>> No.7857815

>>7857673
It doesn't matter what China does. BMW wants to look good to share holders, they "partner" with a blockchain outfit like VEN. Done.
They then do nothing with the tech and their stock price still goes up. Look around.

>> No.7857831

>>7856600
Blockchain isn't even mainstream for anything yet, let alone ridiculous niche use cases like tracking wine

This is another coin / company that will fail. Dead already.

>> No.7857900

>>7857815
BMW doesn't give two shits about pumping up their stock price in the short term by partnering with a blockchain company. They want to generate long term value for shareholders and have a strategic vision to do that. If VeChain is a part of that it won't be to pump the price for a few months.

>> No.7857905
File: 9 KB, 169x168, NB0tdkw.png [View same] [iqdb] [saucenao] [google]
7857905

Everyone is developing technology to track supplies from their origin, Walmart is doing it as well as IBM. Vechain looks like it will be implemented already with the agreement with DNV. If anyone wants to try the product they could, just download the vechain app from the app store and scan this qr code.

>> No.7857934
File: 22 KB, 485x443, 1508914352684.png [View same] [iqdb] [saucenao] [google]
7857934

>>7856600

>> No.7857946

>>7856600
dont need blockchain for anything besides crypto currency.. it solves the ONE problem that pre-existing tech couldn't, which is the double spending problem on decentralized network. i still set up PoC's for my business counterparts (i work in IT) but it's only because they demand it and not because architecture selected the niche middleware as a solution. it's never going to be the solution for anything (besides money)

>> No.7857978

>>7857815
Works fine if true, but it isn’t - but its a competitive advantage to be sure either way. Vechain gets more value and more partners so growth, R&D, and progress self-perpetuates.

>> No.7858003

>>7857946
Some cryptos have more than one function. Vechain Thor will have a currency component.

Short-sightedness generally not cured on 4chan.

>> No.7858008

>>7857612

>Thinks multinational billion dollar companies operate like indian pump and dump groups

are you retarded lmao

>> No.7858017

>>7856615
It's built into the fabrication process. There is no "on". Your question is "More importantly, what stops people from manufacturing counterfeit goods and writing those counterfeits to the blockchain using a legitimate manufacturer's private key?". Your question becomes retarded when we stop thinking in terms of stickers.

>> No.7858055

>>7858003
appreciate the offer of information, but i'll pass. so i'm a successful person, and you're a pleb nobody with no money. i'm just fine with my own opinions, thank you.

>> No.7858126

>>7857612
You do realize DNV GL is a private company as well as PWC you mongoloid

>> No.7858168

>>7858055
We’re all pretty happy about that, enjoy your permanent boomer retirement..

>> No.7858239

>>7858055
>larping on biz
your room reeks of marijuana and cheetos i bet

>> No.7858355

>>7858239
marijuana, yes. i smoked a little before dinner.

>> No.7858476

>>7858355
>im successful
>i smoke weed and browse 4chan

pick one (1)

>> No.7858481

>>7858355
I’m heading down to the basement to drop some dank right now. It’s happy hour friends.

>> No.7858500

>>7858476
You fell for the stereotype.

I have smoked 95% of days since 2006 and it’s a help, not a hindrance. Open your mind gramps.

>> No.7858519

>>7858476
you're here forever faggot

>> No.7858783

>>7856600
dawww wy wie nedds intarinets 4 pornos???????

>> No.7858829
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7858829

>>7857946

>> No.7858844

>>7856600
What is "Profit Margins?"

You'd be surprised what hipsters are willing to pay for the dumbest shit. "Hurr durr this wine is from Rome, Italy, you can track it on the blockchain". Suddenly the wines worth x2 as much. Value added.

>> No.7858857

>>7856600
retard

>> No.7858915
File: 101 KB, 564x846, more wine mlord.jpg [View same] [iqdb] [saucenao] [google]
7858915

>>7856600
for our boy bobby B

>> No.7858966

>5k Down in a single day
I fucking hate this market.

>> No.7858994

Take a cruise around the nearest port near you. The amount of packages (commerce or private) that is delivered and shipped, thanks to globalization, is outrageous. When you hear in the media of "trade wars" or "America First", what is the real meaning behind this? It's the construction of products from raw materials that originate from a specific source and is DELIVERED to the intended recipient, which creates more value through exchanges.

Simply put, if you want to ship your macbook to your mail ordered, soon to be wife in Mongolia, the macbook will arrive in her hands
and not get "lost". Thus, you get married and live happily ever after.

>> No.7859126
File: 197 KB, 749x499, BN-EZ531_ctrade_P_20141014023708.jpg [View same] [iqdb] [saucenao] [google]
7859126

>>7858994
Neets here have no fucking clue how essential logistics and supply chains are for the economy.

>> No.7859153

>>7858519
I have a better taste in clothing than you
czech mate

>> No.7859208

>>7858994

> ship your macbook to your mail ordered, soon to be wife in Mongolia

are you fucking KIDDING me?
you might as well ship it to your mail order waifu from etherwaifus dot co

>> No.7859239

>>7858915
Only cunts and kneelers need to track their wine.

>> No.7859316

>>7857465
proud VeChain and Walton owner over here. Feels good man.

>> No.7859396

>>7859153
i have no style, i'll admit that

>> No.7859409

>>7859316
feelsgoodman BRaaaaaaaaaaaaaPPPP

>> No.7859563

>>7859126
They kinda ARE the economy.. I knew that supply chain mgmt degree from ASU would pay off!

>> No.7859588

>>7859153
..and Pilsner

>> No.7859613

>>7859396
:( If you're a lanklet just spend a lot of money on Saint Laurent :)

>> No.7859749

>>7857673
Lol have you done business in China? That’s exactly how China fucks around.

>> No.7859759

>>7857536
>cars

what's wrong with a vin number?

>> No.7859924

>>7857612
> implying that's a bad thing

Appearances is almost more important than the actual tech. If you have enough money backing you you can pretty much just poach the tech from some other company that doesn't know how to market their shit

>> No.7859944

>>7857650
It's not FUD. I want to understand what the fuck it's for.

>> No.7860012
File: 125 KB, 1698x378, Screen Shot 2018-02-14 at 15.24.13.png [View same] [iqdb] [saucenao] [google]
7860012

>>7856600
To prevent counterfeiting which costs companies millions every year. What kind of fucking brainlet question is that?

>> No.7860102

>>7859944
It's for supply chains. You can track any type of product and digitilize your supply chain. It's a huge deal.

>> No.7860223

>>7859759
it needs to be a ven number faggot

>> No.7860317

>>7856600
>No whitepaper
>Webdomain is linked to other scams
>insignificant public patents in comparison to IOTA and WTC

You're getting scammed.

>> No.7860401

IOTA and WTC fags try to fud but it comes out all wrong like this and just makes people want to buy VEN.

>> No.7860418 [DELETED] 

we don't and that's why crypto is a SCAM.. youve been warned

>> No.7860453
File: 29 KB, 907x540, Vechain truth.png [View same] [iqdb] [saucenao] [google]
7860453

>>7860012

>> No.7860455

>>7858008
Wow you actually forgot about the financial crisis less than a decade ago?

>expecting big business to act rationally and responsibly when they could make a butt load of cash instead

>> No.7860482
File: 19 KB, 640x450, the-internet-of-things-fuck-off-no-you-fuck-off-zQg2n.jpg [View same] [iqdb] [saucenao] [google]
7860482

>>7860401
Really? because I can't shake the "internet of shit" vibe

>> No.7860557

>>7860401
https://medium.com/@blockchainfundamentals/waltonchain-vechain-the-difference-marketing-makes-4be42f00273b

>A big difference between VeChain and Waltonchain is not found in their goal, mission or vision but in the way they communicate their news. Both Waltonchain and VeChain have obtained the Holy Grail in the blockchain business: government backing. Waltonchain is working with the Fujian province to create the first Smart City. VeChain released almost the exact same news stating the will work with the Gui’an New Area.

https://medium.com/@itsTLM/addressing-the-upcoming-coordinated-waltonchain-fud-campaign-c004eaa4eb6c

Vechain is engaged in a multiple month long FUD. It's literally a shitty hype coin with inferior tech.

>> No.7860594
File: 855 KB, 1600x758, 1_pJ6wK7V-ozdSwpkGYaqqPw.png [View same] [iqdb] [saucenao] [google]
7860594

>>7860557
Proof of FUD campaign

>> No.7860625

>>7860557
Have yet to see a thread on /biz/ fudding WTC.

>> No.7860652
File: 33 KB, 653x566, biz.png [View same] [iqdb] [saucenao] [google]
7860652

>>7860625
You clearly haven't read a WTC thread. Fuck off shill.

>> No.7860685

>>7860652
>everyone is either a shill or a fudder

but I know what you are

>> No.7860700

>>7860652
Here are a few VEN fud threads. Show me the WTC fud threads.
>>7715178
>>7608221
>>7588300
>>7569192
>>7528143
>>7515312
>>7514855
>>7489252
>>7484020
>>7482262
>>7454271
>>7448706
>>7355839
>>7170927
>>7163037
>>7056480
>>6970776
>>6933030
>>6912509

>> No.7860794

>>7860453
SUNNY WAS JUST ON CNBC HAHAHAH HOW FUCKING MAD ARE YOU SALTY WALTY
https://www.cnbc.com/video/2018/02/21/wait-and-watch-on-venezuelas-petro-cryptocurrency.html

>> No.7861048

>>7860700
>>7839988

not going to bother looking for more. I see "salty walty" in comments all the time. I gave you a media outlet that showed a coordinated FUD campaign.

VEN uses NFC and WTC doesn't. VEN uses POS while WTC uses POST. The tech is nearly identical.

>> No.7861171

>>7860700
Do opposite of biz says

>> No.7861184

>>7861048
no thats literally all you can find. ive been around here for quite some time anon. and i honestly dont need either one of these coins but i can tell you, i have never. once. come across a wtc fud thread, just about every other rising coin i have though

>> No.7861210

>>7857144
Holy shit I want to beat the fuck out of you, smug reddit-tier retard

>> No.7861352

>>7861048
What? Are you stupid. You literally posted a shill thread. I'm talking about the OP here.
Obviously in every thread there will be posts in favor of and against the OP.

>> No.7862318

vechain best chain

>> No.7862370

>>7860794
LMAO HOW CAN WALTY KEKS EVEN COMPETE

>> No.7862379

>>7860700
https://youtu.be/pp_cgQqH08k

>> No.7862397

>>7856600

Why do we need a website to buy dragon dildos?

>> No.7862468

Tracking pretty much any product with the precision of vechain creates massive amounts of very useful information for a company, vechain is essentially going to become an information juggernaut like google. This is especially important for industries like medicine/aerospace/nuclear that need completely immutable information and every unit every step of the way. The tracking process also helps boost sales by reducing counterfeits, which is useful in everything from yeezys to asiago cheese. Buy before mainnet launch or forever hold your peace

>> No.7862529
File: 363 KB, 630x414, prodeum.png [View same] [iqdb] [saucenao] [google]
7862529

>>7856600

>So why do we need a blockchain to track wine?

For the same reason we need a blockchain solution to frozen vegetables.

Pic related.

>> No.7862729

>>7862468
Then we add CPC.. storage architecture.. sidechains.. there is something interesting brewing..

>> No.7862922

We're going back up. Have a good evening Anons!

>> No.7862983

>>7862922
>https://www.cnbc.com/video/2018/02/21/wait-and-watch-on-venezuelas-petro-cryptocurrency.html
FUCKIN A THIS IS WHAT ITS ALL ABOUT!

>> No.7863477
File: 69 KB, 1920x1080, 1519267557906.jpg [View same] [iqdb] [saucenao] [google]
7863477

>> No.7863944

>>7863477
fucking kek

>> No.7864091

>>7863477

LEL

>> No.7864215

>>7856600
walton cucks on suicide watch rn. vechain will surpass walton in fiat value soon. screenshot this.

>> No.7864280

Guy's WTC insider here, some very upsetting information regarding this coin is about to become public. Since I'm not a LARPER I will tell you now:
>It has been revealed that a 'digital' paper trail has been found linking the profits of WTC to several out of state bank accounts that funnel funds to the Turkistan Islamic Party - A terrorist group listed by NATO and western countries. The Turkistan Islamic Party has ties to Al-Qaeda and ISIL and has been making a resurgence in China...

You have been warned, I would personally sell off all WTC holdings as there has been talk of Chinese citizens possibly having their assets frozen and branded terrorist-sympathisers in a carpet effect method of cracking down on WTC until they can sort the unknowing from the knowing...

>> No.7864432

https://youtu.be/jBloSl5o2h0

>> No.7864811

>>7864432
wtf did someone pay a hooker?

>> No.7864921

>>7864811
no some guy was paying people to do read-outs.

HOWEVER, theres a webm of a cambodian ladyboy prostitute holding a piece of paper with the chainlink logo on it then cumming on it

>> No.7864973

>>7863477

underrated

>> No.7864997

https://www.youtube.com/watch?v=kfVo3a9jEWQ

>> No.7865094

>>7864921
dear God