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Here's quotes from a bunch of people interested in the subject on how this would be useful, instead of me trying to repeat all of that: https://bitcoinmagazine.

by avar 9y ago

Here's quotes from a bunch of people interested in the subject on how this would be useful, instead of me trying to repeat all of that: https://bitcoinmagazine.com/articles/what-are-the-use-cases-for-private-blockchains-the-experts-weigh-in-1466440884/ https://bitcoinmagazine.com/articles/what-are-the-use-cases-... It would be useful beyond some custom git-based solution because if what you want is just a distributed ledger with safety & auditing built-in you can get that off the shelf by leveraging e.g. the Bitcoin codebase. If you're doing that with Git you need to write a bunch of custom software around it to arrive at the same result.

TheDong 9y ago
git is a distributed ledger with safety and auditing built in just as much as a blockchain is, if not more. The bitcoin codebase doesn't provide anything as good as you describe. For example, let's say you wanted to find, in the ledger's history, a transfer of $20 from $a to $b. With bitcoin, that requires writing custom software. Git has built in tools to find changes with certain contents, signed by certain keys, etc. If you want to argue about what has more mature tooling for the banking usecase, you'll find that literally anything that isn't a blockchain, be it git or a sql database, has more mature auditing tooling.
danmaz74 9y ago
Thanks for the link - but honestly, I didn't see any compelling use case listed there.