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> The ETH example you mention was a PoC. It did not generate revenue and is not a business. Don't get me wrong. I think it's great, and it might be technically
by davidgerard 8y ago
> The ETH example you mention was a PoC. It did not generate revenue and is not a business. Don't get me wrong. I think it's great, and it might be technically very impressive, but it's not generating money. It's not a business.
It's not even technically impressive. They're literally using Ethereum as the backend database so the guy running it can say "Blockchain!!" a lot, 'cos he's a hodler. I tracked down the details: https://davidgerard.co.uk/blockchain/2017/11/26/the-world-food-programmes-much-publicised-blockchain-has-one-participant-i-e-its-a-database/ https://davidgerard.co.uk/blockchain/2017/11/26/the-world-fo...
The programme does great work! But nothing whatsoever about it is Good News for "blockchain", except for PR purposes.
- decentralised 8y agoIt doesn't (shouldn't?) be technically impressive, it really isn't about the tech. The news of course benefited from the "blockchain hype" but if the outcome proved to be as expected, real people got real help and the tech did the job just fine, then aren't we bikeshedding by arguing it?