this post was submitted on 13 Nov 2024
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Yea the idea there is that with it being decentralized, it has an unedited history. So if each block added to the chain is a new transaction, you can see previous agreements. Being decentralized also means that it's public record and everyone can see the contract/agreement/transaction.
There's a lot of neat stuff that can be done, but as the other guy stated, it's a solution looking for a problem.