151–160 of 724 posts
It is a shame that we are ending up here with "Blockchain technology". Beyond the financial aspect (Bitcoin/Stablecoins), here are a few use cases where a Blockchain will shine : - Tracking shipments across countries. This is an append-only operation, across multiple jurisdictions/languages/infrastructures. A blockchain ledger can play the role of standardizing operations for the tracking of shipments. - Healthcare r…
As opposed to normal DNS?
Blockchain skeptics are all defending the tech of the current financial system, and implicitly arguing it can’t be improved. They are wrong. The tech underlying the current system is really bad. For example: (1) How can I perform an atomic transaction across two stock exchanges? (2) How can I take stock held on one exchange, and use it as collateral on an unaffiliated lending platform? (3) How can I launch a new fina…
Earlier quoted context omitted.
Total disagree and not sure why you believe why any of those woukd have value added if on blockchain. Especially, health care records, wtf??
Standardized and encrypted healthcare records. It means wherever you travel you can: 1. Access your health records at your discretion; and 2. Make sure these records are never lost and 3. These records are immutable. Encrypted records can be easily added by any doctor/clinic as your public key is publicly available.
It is a shame that we are ending up here with "Blockchain technology". Beyond the financial aspect (Bitcoin/Stablecoins), here are a few use cases where a Blockchain will shine : - Tracking shipments across countries. This is an append-only operation, across multiple jurisdictions/languages/infrastructures. A blockchain ledger can play the role of standardizing operations for the tracking of shipments. - Healthcare r…
Registry records and title deeds and stock assets are already solved problems, and there's an important problem that blockchain is trying to solve: It is possible for the centralized services to transfer ownership without the owner's permission. This is an important feature. It is used in things like bankruptcy proceedings [1] and other law enforcement action all the time. The people trying to create the "feature" of not having that feature are called anarchists, and decent societies lock them up, shortly before or after their crimes cause actual damage.
All of these are reasons for actual cryptography - Signatures and Merkel Trees. Blockchains have no advantages in any of them.
[1] https://www.cnn.com/2022/11/18/investing/ftx-bahamas-seizure - Whether the governments doing the seizure are trustworthy is an entirely different problem with an entirely different scope of solutions, but the places that have actual anarchy going on are not typically nice places to live[2] and other governments typically do their best to insulate their population from them. [2] https://en.wikipedia.org/wiki/Piracy_off_the_coast_of_Somali...
It is a shame that we are ending up here with "Blockchain technology". Beyond the financial aspect (Bitcoin/Stablecoins), here are a few use cases where a Blockchain will shine : - Tracking shipments across countries. This is an append-only operation, across multiple jurisdictions/languages/infrastructures. A blockchain ledger can play the role of standardizing operations for the tracking of shipments. - Healthcare r…
> Distributed DNS As opposed to normal DNS?
Earlier quoted context omitted.
Total disagree and not sure why you believe why any of those woukd have value added if on blockchain. Especially, health care records, wtf??
Standardized and encrypted healthcare records. It means wherever you travel you can: 1. Access your health records at your discretion; and 2. Make sure these records are never lost and 3. These records are immutable. Encrypted records can be easily added by any doctor/clinic as your public key is publicly available.
There's also a lot of healthcare data. Is there any blockchain that scales to literally petabytes of data a year per facility/organization?
Earlier quoted context omitted.
Total disagree and not sure why you believe why any of those woukd have value added if on blockchain. Especially, health care records, wtf??
Standardized and encrypted healthcare records. It means wherever you travel you can: 1. Access your health records at your discretion; and 2. Make sure these records are never lost and 3. These records are immutable. Encrypted records can be easily added by any doctor/clinic as your public key is publicly available.
From an Indian pov my take is the boundary markers use-case sounds pretty good. I don't expect an American flying around from EWR to Seattle to ever understand this intuitively without being exposed to the realities in this part of the world, but having thought about it for all of 20 seconds it sounds like a very good idea. Yes - it is a solution to the problem of power and corruption. In India there is corruption at…
As we've learned from the "They've stolen my apes" scenarios, the very nature of blockchain as the central authority of trust means that there is no such thing as theft on the blockchain. Today, corrupt powerful people use violence and intimidation to go move physical markers to change landownership. If land ownership was on the blockchain, the same corrupt powerful people will use violence and intimidation to force…
It is a shame that we are ending up here with "Blockchain technology". Beyond the financial aspect (Bitcoin/Stablecoins), here are a few use cases where a Blockchain will shine : - Tracking shipments across countries. This is an append-only operation, across multiple jurisdictions/languages/infrastructures. A blockchain ledger can play the role of standardizing operations for the tracking of shipments. - Healthcare r…
> They presented some of the systems they’d built and yep, we were impressed. Then, with the startup CTO in the room, one of my fellow engineers asked the key question: “All these systems, are there any that wouldn’t work without blockchain?” The guy didn’t even hesitate: “No, not really.”
> And that was about that.
From an Indian pov my take is the boundary markers use-case sounds pretty good. I don't expect an American flying around from EWR to Seattle to ever understand this intuitively without being exposed to the realities in this part of the world, but having thought about it for all of 20 seconds it sounds like a very good idea. Yes - it is a solution to the problem of power and corruption. In India there is corruption at…
As we've learned from the "They've stolen my apes" scenarios, the very nature of blockchain as the central authority of trust means that there is no such thing as theft on the blockchain. Today, corrupt powerful people use violence and intimidation to go move physical markers to change landownership. If land ownership was on the blockchain, the same corrupt powerful people will use violence and intimidation to force…