A little history why King Henery's Tally Stick was introduce and remember we shouldn't have blockchain technology (Bitcoin) if the monetary trust system worked. Satoshi Nakamoto's Genesis block say's it all "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks".
So greed has followed man for a long time and ancient goldsmiths discovered that extra profits could be made by growing the economy between easy money, and tight money. When goldsmiths made money easy to borrow, money in circulation expanded, and people took out more loans to expand their businesses. Money changers would then tighten the money supply, and make money difficult to obtain. Goldsmiths knew that certain borrowers would not be able to repay loan debts. Goldsmiths would not allow these “loan defaulters” to take out new loans to repay the old ones. This led to bankruptcy, ruin, and the selling off of assets to goldsmiths for pennies on the dollar. The same criminal enterprise of usury lending, tightening the money supply, defaulting on loans, and property confiscation still occurs. Today economists call this “the business cycle.”
To counter the greed of money charges and banks, around 1100 AD, King Henry decided to take the power of money away from the lenders. King Henry invented one of the most unusual money systems in history. It was known as the Tally Stick System. This system lasted until 1826. The Tally System was adopted to avoid the monetary manipulation of the goldsmiths. Tally Sticks were merely sticks of wood with notches cut on one edge of the stick to indicate denominations. Then the stick was split lengthwise so that both pieces retained a record of the notches. The king kept one half of a tally stick to protect against counterfeiting. The other half would be spent into the economy, and circulate as money. Under this system money could not be manipulated, and it could not be stolen. No other form of money had worked as well, and for so long as Tally Sticks.
So here we have an old school system that operates like blockchain to keep the monetary system in check and today we are doing it again.