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> For example, stock trading or bank transfer records in clearing houses. Yeah, IM looking for other examples, this has been kinda going on from the very begin
by snug 6y ago
> For example, stock trading or bank transfer records in clearing houses.
Yeah, IM looking for other examples, this has been kinda going on from the very beginning.
> I think someone is working on blockchain to have a transparent and immutable record of public documents, like laws and regulations.
This is the kind of stuff I'm looking for, but where are the real world examples?
I brought up Orchid, which seems interesting, any maybe promising at first, but the hype has died down. It's also not user friendly, as in I need both ETH for the smartcontract to work and OXT (Orchid Cryptocurrency) for the bandwidth I want to use.
I do think that blockchains can be useful, and will be useful, but it still seems like it's a solution looking for a problem, and maybe it's creating more problems first (i.e. need for smartcontracts, oracles, etc.)
- davidajackson 6y agoA lot of it is the due to high expenses at this stage (SISP debate aside), see https://ethgasstation.info/ https://ethgasstation.info/ for example. Gas price is so high that adding any complex logic on chain is often really costly--there are few real world applications that merit this, and certainly for micro txs it's not ready. That will probably change but I think it will take 5-10 years before tech improvements + adoption start to really move the needle.
- giantg2 6y agoI can't find the block chain for government transparency, but maybe you can search on HN better than me. Here's something similar. https://www2.deloitte.com/us/en/pages/operations/articles/blockchain-supply-chain-innovation.html https://www2.deloitte.com/us/en/pages/operations/articles/bl...