tech

Has blockchain found a use beyond crypto trading?

11 Comments
By Joseph BOYLE

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11 Comments
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That's what auditing is for. Which is much easier and cheaper on a Blockchain

And let's not forget the most important part, nonfungible. That's the real power of the blockchain.

-2 ( +0 / -2 )

The blockchain isn't solving anything here.

That's like saying you don't need email because we already have a postal system

"If I have a carton of apples and report that I put 100 percent of them on the truck, but then I skim off 50 percent for myself, the blockchain is not going to prevent that."

That's what auditing is for. Which is much easier and cheaper on a Blockchain than on the current systems

-1 ( +0 / -1 )

Ah yes. Because I want the community that brought us SafeMoon to be in charge of safeguarding our democracy.

-1 ( +1 / -2 )

Has blockchain found a use beyond crypto trading?

This is a very long article that could be replaced with the word 'no'.

0 ( +3 / -3 )

Was this article written in 2015? This is seriously seriously old news.

2 ( +2 / -0 )

Difference between the tech and calling this an investment or means of exchange or whatever other nonsense the blockchain promoters have been telling us. Celsius anyone?

-4 ( +0 / -4 )

I saw a headline yesterday, "Cryptocurrency geniuses vaporize one trillion dollar."

-2 ( +0 / -2 )

''The blockchain emerged from a 2008 white paper on bitcoin, which was conceived as an alternative to fiat currency.

The opening line reads: "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

And fourteen years later I can receive crypto-coins from people in other countries in seconds, but to convert them in fiat (Yen) I have to go through ''Kraken Exchange'' in Tokyo, which is a financial institution. What a disappointment!

0 ( +0 / -0 )

As tension and confusion engulfed the United States after the 2020 election, Changpeng Zhao, billionaire founder of crypto firm Binance, had a suggestion.

A "blockchain-based mobile voting app", he tweeted, would mean "we won't have to wait for results, or have any questions on its validity"

Yeah, I figured someone from china will be VERY interested in electronic election results....especially the U.S elections.

1 ( +2 / -1 )

Want to know where your mango came from? Some supermarkets believe the best way for you to find out is to access a blockchain-based system capable of tracking the fruit from the tropics of Central America to your corner store.

Ah yes…. A digital ledger is surely the answer there…. I can just scan the mango as it passes down my throat to verify that all info recorded on some blockchain is accurate….

Diehl‘s book might be worth reading. If I could get my money back out of my bitFlyer account maybe I could pay for it with those funds, unless they crash further in value first

2 ( +2 / -0 )

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