Free idea for a jewelry company called Blockchains

in #ideas8 years ago

So imagine that cryptocurrencies and blockchains in general become more and more ubiquitous. Not hard to imagine that. It's probably going to happen.

But blockchains are big pieces of data. People can't be expected to be constantly carrying around the entire history of Bitcoin, Ethereum, and 7000 other blockchains on every device.

If all of human knowledge and commerce is stored on blockchains then we need to make physical objects that can carry most of it. You can store a lot of information on a crystal. You can even use DNA to store an absurd amount of data.

So you take technology that can store huge amounts of data on tiny objects and you make beads with data on them. You could call them Databeads if you wanted to. And then you make jewelry out of the beads and you sell them. For instance you could have a bracelet with all the Punk music published in the year 1983, or a collection of the first 25 years of Bitcoin.

The devices we use to interact with future blockchains will have to be able to read information from something like Databeads. It's too much data to just constantly stream to every device that decides to sync.

Ok, so the final part is that you call the bracelets Blockchains.

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Great idea I like it! So what if you could actually make this a thing by making a minimum viable product or a prototype? What would that entail?

There is a lot of tech that has to be created first. Specifically you need

  • An object that can store blockchain data in a small form. Probably some kind of holographic technology: https://en.wikipedia.org/wiki/Holographic_data_storage

  • An inexpensive reader that could be used by a phone or computer. The client would need random access to the blockchain, so this would be tough. We are probably a decade or more away from this tech.

That's basically all you need. So if you are IBM you work on the technology yourself, but if you are just the eventual founder of Blockchains you probably work on the the design and business side of things, register some patents and then wait for the tech to exist.

I guess that if you wanted to you could print USB sticks with blockchains on them and people could plug them into their computers. That would be a fairly weak MVP but maybe it is enough. I mean, in today's ICO market that must be worth $50 million.

This is a sweet idea.

I missed the payout window and can't upvote the post anymore :(

You could store the entire steem blockchain on micro SD ...

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