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Hi Api. Your questions are _spot_ on! Speculative investing + skyrocketing valuations does encourage highly motivated reasoning-- a unique kind of confirmation
by ptk921 9y ago
Hi Api. Your questions are _spot_ on!
Speculative investing + skyrocketing valuations does encourage highly motivated reasoning-- a unique kind of confirmation bias:
"This technology MUST be the answer to all the problems of the future because I'm getting wealthier TODAY!"
Irrational exuberance is rampant.
That said -- the recent New Yorker article on Estonia's digital society [1] covered that country's usage of a blockchain to manage patient healthcare records.
> the backbone of Estonia’s digital security is a blockchain technology called K.S.I.
K.S.I. from Guardtime [2] is an enterprise permissioned blockchain that is less decentralized than bitcoin and ethereum. Still, its exciting to see that Estonia is leveraging immutability and (some) decentralization to build a secure persistence layer that provides data provenance and a log of data access for management of their citizens' personal data, including healthcare records.
[1] https://www.newyorker.com/magazine/2017/12/18/estonia-the-digital-republic https://www.newyorker.com/magazine/2017/12/18/estonia-the-di...
[2] https://guardtime.com/technology https://guardtime.com/technology
- jhwang5 9y agoSure, but Lituania also didn't need to use the Blockchain for this use case.
- posterboy 9y ago> Lituania You didn't even read properly - we were talking Estonia. At the scale of a local health care system the blockchain is perhaps really nothing more than a fancy database, if at that scale it will stay energy efficient for a long while.
- jhwang5 9y agoIf you read correctly, I was not taking any exception to energy efficiency aspect of using Blockchain, either.