The biggest use case I have found of blockchain tech is timestamping, especially in a case where the timestamping party cannot be trusted to act honestly because of conflicting interests. I'll give you an example, from one of my startup's enterprise customers. This company needs to ensure that their high-end auto inventory remains in the same state through transport — the mileage, the car body, etc. They've had issue…
Sorry, but your solution solves nothing. The transporter could take a picture of the odometer and tweak the image. Your solution is only as secure as the input flow and you can't control it. A blockchain can't reflect physical reality. It can only reflect what someone said/says physical reality is. Additionally, they have to trust you to push the "right" data to the blockchain. If they are already trusting you, you c…
In this specific example, what would they change to photo to? The case is to stop joyrides. Who would be able to take a joyride and end up with the odometer exactly as they had Photoshopped it to hours or days ago?
But yes, depending on the application, photos can be manipulated. But that is stating the problem with using photos, not the timestamping app.