Block chain is not crypto-currency
Jason Howard
Tiger Flooring LLC dba Bayou Rustics, Pine by design and Southern Yellow Pine Direct.
Blockchain Hardwood Flooring- High tech tracking from seedling to ship lap but what about the transparency it brings to the retail market? Imagine being the customer knowing the age of every board? Homeowners finding out that their antique reclaimed heart pine floor is really antiqued (the d) reclaimed heart pine. Patina is not heartwood- I could go on and on- it sounds a little ridiculous but times are changing and consumers are demanding real wood- not sorta real, but real wood.
‘Antiqued’ – The age a floor should reach before is called an antique is always been my first question, but this point is about the fact that Antiqued Heart Pine is not old at all, even by the marketing terms they use; if you know how to speak flooring. Antiqued is a finish style not an age description.
Reclaimed – Once more unless you do some research or have an honest flooring company, you might not understand the original definition. Re-purposed, reclaimed means re-purposed such as a beam being re-purposed into flooring. It does not mean flooring turned into flooring, big difference scarcity, quality, and (should be) price.
Salvaged Flooring- Is simply old flooring taken up and sold in variety of thickness and state of salvage. For example, along with the holes check for the nails too. Many times, the board looks 5’ but with the ends butchered much of the board will not sustain any new finish or install. 30% waste is safe in this market. Know your source, see the materials, and understand the provenance.
Provenance- From Webster’s Dictionary; origin or area of origin. In the flooring industry, it is the equivalent of “sex sells”. For example, Kentucky Horse Barn, Cotton Gins and Whiskey Barrel Reclaimed sounds better than Chicken House or random barns thrown together. Right? So if the sex sells theory continues as new wood becomes harder to make and or find, how important is knowing every step made by the reclaimed and or salvaged floor you could be considering one day?
What about a crypto-currency or ICO with the materials of a subdivision, lets say as the underlying value. Couldn't you argue that it would be a like a zero coupon bond - maturity would be the day it was reclaimed. Think about it, they are only leasing the floor! Stay tuned