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Because they offer consensus among multiple organizations. Also is good for supply chain tracking. But I understand why people avoid the blockchain space alto
by fishB 7y ago
Because they offer consensus among multiple organizations.
Also is good for supply chain tracking.
But I understand why people avoid the blockchain space altogether. There was so many bad projects that were not suitable for the tech when all the hype was going on. Not to mention all the cryptocurrency scams. Fortunately a lot of the private blockchain tech has nothing to do with cryptocurrencies.
- drcode 7y agoYeah I used to think this too at one point, but it's much easier to just have multiple companies share a database- the idea that a consortium chain is somehow better than this hasn't born out empirically so far, in my opinion. Things are different with true public blockchains, they really do have some novel use cases.
- magnamerc 7y agoCase in point is Nightfall by Ernst and Young.