ElectricCattleman, 1 year ago

There are some fringe benefits for blockchain but massive issues with normal human issues like:

• Scams/theft: person has the wallet lost through scam or left, how do you invalidate the lost credentials or tickets.
• Wallet loss: loss through any number of means: fire, incompetence, computer being destroyed, loss of account to cloud backup etc
• Issuer need to invalidate: if tickets/credentials were purchased by fraud or an issue occurs where they need to invalidate

How does blockchain handle these common situations?