Software licenses would be a good example of a possible blockchain application, but they could be easily represented by classic tokens, no need for non-fungibility, as all licenses should be exchangeable.
You might want to know who sold theirs so you can clean up associated user data and stuff. You also don’t want licenses to be divisible, at least not past the “seat license” level – It’s in fact legal to unbundle volume licenses in e.g. Germany, hence why there’s so many legit Windows Pro keys floating around: A cottage industry of companies buying volume licenses at bankruptcy proceedings etc. It would be in Microsoft’s interest for the keys to then actually split so they can still track stuff but “shares in a seat license” makes about as much sense as splitting a six pack of beers into twelve pieces.
But yes when actually implementing it you might end up with something in between completely fungible or non-fungible.
Software licenses would be a good example of a possible blockchain application, but they could be easily represented by classic tokens, no need for non-fungibility, as all licenses should be exchangeable.
You might want to know who sold theirs so you can clean up associated user data and stuff. You also don’t want licenses to be divisible, at least not past the “seat license” level – It’s in fact legal to unbundle volume licenses in e.g. Germany, hence why there’s so many legit Windows Pro keys floating around: A cottage industry of companies buying volume licenses at bankruptcy proceedings etc. It would be in Microsoft’s interest for the keys to then actually split so they can still track stuff but “shares in a seat license” makes about as much sense as splitting a six pack of beers into twelve pieces.
But yes when actually implementing it you might end up with something in between completely fungible or non-fungible.