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Another question that seems to be avoided whenever I ask professionals is the usage of the blockchain. I personally do not see it's practical application beyond
by Xakdra 8y ago
Another question that seems to be avoided whenever I ask professionals is the usage of the blockchain. I personally do not see it's practical application beyond its use in crypto currency or other financial related use cases such as validation of user purchase histories. But what else is there for the tech? Looking for some insight.
- hanniabu 8y agoIt can be used anywhere there's a middleman/ intermediary or where trust is required.
- jonny_eh 8y agoI guess I'm just not creative enough to think of what that might be, if not money.
- dev_dull 8y agoThere are plenty of solutions to middlemen. Usually they exist not because of technical limitations but because of other reasons (see car dealerships).
- JustFinishedBSG 8y ago> where trust is required. Blockchains don't solve the trust problem at all. Except if none of the trust problems you have interact somehow with the material world
- gibsons77 8y agoThat's the only thing blockchains solve is the decentralization of trust. Oracles provide a bridge, and it is possible to make trusted decentralized oracles.
- babaeth 8y agoLook into Golem and Brave/BAT, they are great examples of other use cases than crypto currencies.