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Then how do you explain the Maersk blockchain-based insurance trial that they found very successful? Bitcoin is not the only incentive that can be had in imple
by nettdata 9y ago
Then how do you explain the Maersk blockchain-based insurance trial that they found very successful?
Bitcoin is not the only incentive that can be had in implementing blockchain technology.
There are a number of very promising use cases for blockchain, in education, healthcare, energy... none of which involve bitcoin at all.
- kirykl 9y agoHype, Consultants, Buzzwords baffling executives
- ambicapter 9y agoWere any of these trials interesting enough to be attacked?
- nordsieck 9y agoAll "block chain" is is a Merkle tree. You can do all sorts of productive, interesting stuff with Merkle trees. If you want to do interesting things with a trust-less, decentralized system, you need the mining and mining rewards.
- Franciscouzo 9y agoIt's more of a linked-list of Merkle trees.
- Retric 9y agoThere are a few file sharing applications that do interesting things with trust-less, decentralized systems, without any sort of mining or mining rewards. Mining allows for high value transactions in a low trust environment, but lower value transactions are very possible without that. IMO Tit for Tat is a much more interesting form of consensus building as it can be very low resource. But it's really all about the goals not the protocol.
- retox 9y ago>education, healthcare, energy I'm not asking for dissertations but could someone briefly explain how any of these problems/industries will be effected by blockchain.