Use Case Asset Life Cycle
ASSET LIFE CYCLE
Central to DLT are the major assets (and liabilities) in our live. Think of home, car, health, family. These assets are often the subject of extensive value chains with multiple participants. DLT enables to follow any asset from cradle to grave and to record any event that influences the state of the asset in an immutable manner.
Major assets such as cars or electrical equipment and machinery can be put on chain. So can our health record. This will allow other parties to check provenance and state. Ownership and other traits and status can always be clear and made available to authorised parties.