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I imagine the issue is maintaining consensus between the different phone companies. Without blockchain you'd have to have a canonical database run by a single e
by zucker42 6y ago
I imagine the issue is maintaining consensus between the different phone companies. Without blockchain you'd have to have a canonical database run by a single entity, whereas you can use blockchain as the consensus mechanism among competing companies.
- csande17 6y agoIt's a shame there's no central authority responsible for regulating telecom in India, or this would be a really easy problem to solve.
- zucker42 6y agoI mean sure you could have the government manage the central database but maybe the Indian government is not equip to run such a database. Plus you can avoid some of the problems with high costs or stagnation that can happen with centrally run systems. I don't think there's any particular reason to reject blockchain if it works in this case.