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As technology continues to advance and customers increasingly demand transparency and security, it is likely that the luxury watch market will continue to evolve and adapt to new technologies. One potential area of growth is in the use of distributed ledger technology to enhance the …
Despite the potential benefits, distributed ledger technology has certain limitations that may prevent its successful implementation by watch companies. These limitations include scalability, interoperability, and complexity. Scalability is one of the most important limitations of distributed ledger technology. The current architecture of many distributed ledgers …