Created on 4th December 2022
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Today, Blockchain technology is primarily used for digital asset management. However, with immutability of the blockchain, there is a great potential for blockchain to be used for physical asset management. It can be used for maintaining ownership record and history of different kinds of tangible assets like cars, properties, etc.
With the proof of concept smart contract that I wrote, I aim to give an example of how we can use blockchain for smart contract management.
I'm not very well versed with web3 technology. I had to learn solidity and web.py on-the-go, experimenting and bug fixing along the way to build the POC.
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