Thank you for the reply!
In comparison to "Casascius physical bitcoins", our initial idea is different, with keeping permanent link between digital and physical token (possibly several digital tokens linked to one digital coin with same number of labels on it).
As for "Before thinking if it have place to be, maybe you should think whether it's possible in reality and can't be abused easily. What if i give up my physical coin which contain different private key than address/public key written on it?", I would rather focus first on the market need for something like this and the application areas. We have a technology to make "unrealistically hard to duplicate labels" that can be integrated within alloy. The other questions are pure technical that can be dealt with, if there is a need for it.
If I remember correct, Steve Jobs once said that if he would ask people to design an IPhone, they would make another nokia.
Topic: Physical Token - does it have a place to be? - page 2. (Read 533 times)
Physical Token!
Imagine unbreakable link between specific Electronic Token (Blockchain recording) and specific and impossible to duplicate physical label integrated within some physical coin (Physical Token). The owner of this specific Physical Token is also the owner of the specific Electronic Token.
The trading of the Electronic Token can be done by simply giving up the Physical Token to someone else. The value of the token is provided by the entity, whoever releases this particular token.
What do you think, does it have a place to be?
Like this?Imagine unbreakable link between specific Electronic Token (Blockchain recording) and specific and impossible to duplicate physical label integrated within some physical coin (Physical Token). The owner of this specific Physical Token is also the owner of the specific Electronic Token.
The trading of the Electronic Token can be done by simply giving up the Physical Token to someone else. The value of the token is provided by the entity, whoever releases this particular token.
What do you think, does it have a place to be?
Physical Token!
Imagine unbreakable link between specific Electronic Token (Blockchain recording) and specific and impossible to duplicate physical label integrated within some physical coin (Physical Token). The owner of this specific Physical Token is also the owner of the specific Electronic Token.
The trading of the Electronic Token can be done by simply giving up the Physical Token to someone else. The value of the token is provided by the entity, whoever releases this particular token.
What do you think, does it have a place to be?
Imagine unbreakable link between specific Electronic Token (Blockchain recording) and specific and impossible to duplicate physical label integrated within some physical coin (Physical Token). The owner of this specific Physical Token is also the owner of the specific Electronic Token.
The trading of the Electronic Token can be done by simply giving up the Physical Token to someone else. The value of the token is provided by the entity, whoever releases this particular token.
What do you think, does it have a place to be?
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