4 ms·
I've definitely been around too many business people who want blockchains for no real particular reasons then to get onboard the "innovation". Most of them jus
by didibus 6y ago
I've definitely been around too many business people who want blockchains for no real particular reasons then to get onboard the "innovation".
Most of them just want a ledger. Blockchain is just used now as the "solution" to anyone that wants a ledger.
The issue is, in the financial world, it seems distributed ledger refers specifically to blockchains. So now there is no way to talk about a distributed ledger the way you'd describe a distributed system, that is, a database used as a ledger that is replicated accross site, but which is still owned by a single entity and administrator. And now people say they want a private blockchain, which is basically them saying they just want a normal ledger but they want the database to meet modern database standards of having multi-site replication.