Could Blockchain-Based Receipts Change How We Prove Ownership?
Receipts, certificates and ownership records are still largely stored through emails, paper documents or centralised databases. Blockchain technology could provide another way to create verifiable digital records for products, collectibles and other assets. A blockchain-based receipt could potentially remain accessible even if the original seller's systems change, while also making transfers of ownership easier to document. The idea could be particularly useful for expensive goods where provenance matters. However, the blockchain record is only useful if the original information entered into it is accurate. Would you trust a blockchain-based ownership record more than a traditional receipt?