Decentralized? No, it's "IBM Food Trust". So how is this any better or different from hosting a database on IBM's server? Secured by a PoW? Doubt it. Here's the closest I could find to technical info: > IBM Food Trust's blockchain solution, on the other hand, is permissioned so invited members know exactly with whom they are transacting, similar to what happens between business partners today. Participants also deter…
Sounds like another buzzword charged write-once database.
Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
61–70 of 196 posts
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#62IBM is quietly brushing its Watson mess under the carpet and now they’re trying to focus on blockchain. However this is just as substanceless and full of marketing fluff as Watson was. There’s nothing being done here that couldn’t or shouldn’t just be handled with a traditional database. Having IBM “run it” also sort of defeats the whole decentralized aspect of blockchain technologies. You don’t need “blockchain” to…
IBM really seems stuck in their old systems / and at some level doesn't understand what to do with new systems. I was talking to someone who was using the "IBM cloud". They went to spin up some servers and etc and IBM was all "that will take a few weeks, we have to install them". At least to me "cloud" includes the ability to spin stuff up on demand.... IBM was operating it like you were ordering from a very old co-l…
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#63That means executives from the world's largest companies are all reading this article and many will be having discussions with their management teams about blockchain.
Technology relevance discussions aside, moves like this are what turn fads and buzzwords into funded projects and business models.
And when a big company like Walmart makes a move like this, others follow ...
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#64Since so many comments on this thread are so absolutely negative, I will try to play devil's advocate here. Is a given blockchain a more efficient database? Not efficient measured by percent of data stored in any given entry, which of course throughput and any other, "engineering metric," will suffer because of that. As an engineer, the idea of wasted energy, memory, space, etc., makes one cringe. Efficient from the…
>That being said Blockchain at its heart, stripping away the history, is just a mathematical concept, and it's a math tool that can be used to point from one source to another.
Not anymore. Look at this thread, not everybody seems to agree about what a "blockchain" is. Is it a blockchain without PoW? Is it a blockchain if it's fully centralized? The word is so generic to begin with that people can overload it with whatever they want, like "cloud computing" and all these other buzzwords.
This is not a technical discussion because we're well past that point. This is not about technology, this is about marketing and banking on the hype. Cryptocurrency proponents are happy because it can be used to boast wider adoption, crypto haters (like me) dislike it for exactly the same reason.
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#65IBM is quietly brushing its Watson mess under the carpet and now they’re trying to focus on blockchain. However this is just as substanceless and full of marketing fluff as Watson was. There’s nothing being done here that couldn’t or shouldn’t just be handled with a traditional database. Having IBM “run it” also sort of defeats the whole decentralized aspect of blockchain technologies. You don’t need “blockchain” to…
I can see why that would be something worth doing in a food chain. To trace, for example, a particular load of soy beans to a customer eating a steak, there are a couple of completely autonomous companies/sole proprietors involved. From the original soy farmer, through feed production (maybe multiple factories because the soy is processed and later mixed with other ingredients), feed distributors and transporters, to the cattle farm. Again the individual animal can change hands multiple times, for example a bull calf can be fed soy based milk exchangers at a dairy farm where it was born, then be sold to a farm that raises it to market (with pigs there can be three different farmers from piglet to market maturity), then to the slaughterhouse, the meat goes to food processors and then into a distribution channel.
Easily a dozen or two separate legal entities. I can see why it could be hard to connect each of them to a central database reliably may be tricky.
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#66Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#67Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#68Since so many comments on this thread are so absolutely negative, I will try to play devil's advocate here. Is a given blockchain a more efficient database? Not efficient measured by percent of data stored in any given entry, which of course throughput and any other, "engineering metric," will suffer because of that. As an engineer, the idea of wasted energy, memory, space, etc., makes one cringe. Efficient from the…
Walmart has 10x as many stores in the US relative to China. It's 5,358 in the US¹ vs 426 in China².
Does Walmart have leverage in China to force this on growers? They do in the US.
1. https://corporate.walmart.com/our-story/locations/united-sta...
2. https://corporate.walmart.com/our-story/locations/china#/chi...
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#69IBM is quietly brushing its Watson mess under the carpet and now they’re trying to focus on blockchain. However this is just as substanceless and full of marketing fluff as Watson was. There’s nothing being done here that couldn’t or shouldn’t just be handled with a traditional database. Having IBM “run it” also sort of defeats the whole decentralized aspect of blockchain technologies. You don’t need “blockchain” to…
As I understand it, a blockchain is a decentralized database which does not require the individual instances to have perfect connectivity and perfect trust all the time. I can see why that would be something worth doing in a food chain. To trace, for example, a particular load of soy beans to a customer eating a steak, there are a couple of completely autonomous companies/sole proprietors involved. From the original…
Re: Walmart Requires Lettuce, Spinach Suppliers to Join Blockchain
#70IBM is quietly brushing its Watson mess under the carpet and now they’re trying to focus on blockchain. However this is just as substanceless and full of marketing fluff as Watson was. There’s nothing being done here that couldn’t or shouldn’t just be handled with a traditional database. Having IBM “run it” also sort of defeats the whole decentralized aspect of blockchain technologies. You don’t need “blockchain” to…
IBM really seems stuck in their old systems / and at some level doesn't understand what to do with new systems. I was talking to someone who was using the "IBM cloud". They went to spin up some servers and etc and IBM was all "that will take a few weeks, we have to install them". At least to me "cloud" includes the ability to spin stuff up on demand.... IBM was operating it like you were ordering from a very old co-l…