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goobster  ·  1528 days ago  ·  link  ·    ·  parent  ·  post: Breitling authentication is running on Ethereum

That has interesting implications for future valuation of specific timepieces.

"Previously owned by Prince William" can now be authenticated without a doubt. As can "previously owned by Ted Bundy".

While provenance has always been a consideration in the valuation of an antique or historical item, it's generally taken with a pretty large grain of salt, unless there is - for example - a photo of the individual wearing the item. This gives absolute proof of ownership.

(Although, I expect what exactly "ownership" means will come into question at some point as well. "Sure, it was bought by MBS, but worn by Queen Noor," or whatever.)