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I do think of many use cases for private blockchains, I simply did not presume to know what you meant before asking. - One case would be when a corporation wan
by decentralised 9y ago
I do think of many use cases for private blockchains, I simply did not presume to know what you meant before asking.
- One case would be when a corporation wants to have 2500 TPS with finality in 3 seconds using the current ethereum software, unchanged. (scalability)
- One case would be when a large-enough-corporation needs to share master data and reference data of business critical assets through different subsidiaries and third parties. (privacy)
- Remember intranets? Sometimes decision makers simply want a watered down version of a great thing. (stability, control)
If you care to include commercial DLT products, then the use cases will be different again.
- 6nf 9y agoAll of those are better done using other technologies. I don't see what the benefit is of shoehorning a blockchain in there. What's the killer app? Sorry to be annoying but I honestly don't see why an CIO would choose a blockchain over more traditional options for anything at all. I've been following Bitcoin and ETH for many years and I've been thinking about this a LOT and I just don't see it.
- decentralised 9y agoI wrote about how I approach blockchains from a capability point on view a few months ago on LI, see here: https://www.linkedin.com/pulse/blockchain-revolution-decentralised-joaquim-pedro-antunes- https://www.linkedin.com/pulse/blockchain-revolution-decentr... I'd be happy to discuss further in private (chat/skype), but my "professional muscle memory" tells me that the only sane way of looking at a piece of technology is through its capabilities. When CIOs look for capabilities that can be met by blockchain then finding a business case becomes straightforward, otherwise it will be shoehorning as you say.