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Compliance and regulatory audits (e.g. ISO certification, SOC 2, the list goes on) seem like a candidate to me. There is typically a standard set by one organiz
by pjmorris 6y ago
Compliance and regulatory audits (e.g. ISO certification, SOC 2, the list goes on) seem like a candidate to me. There is typically a standard set by one organization, that has to be complied with by (multiple departments within) another organization, and verified by an auditor external to the first two organization (as well as to auditors within each of the organizations.) A database managed by any of the three players wouldn't be trusted by the others, so it seems like a candidate for multi-party distributed trust.
- qaq 6y agoand you specifically need proof of work to solve this?
- warkdarrior 6y agoA central database with records signed by each of the organizations would solve the problem. Those records are independent of each other (my compliance status is independent of your compliance status) so do you no have the need for a consensus algorithm across all of the parties.