4 ms·
I used to be a skeptic of blockchain, but then I actually investigated what is going on in the industry. Yes there is a lot of fud, poor ideas, etc, but there a
by SubiculumCode 5y ago
I used to be a skeptic of blockchain, but then I actually investigated what is going on in the industry. Yes there is a lot of fud, poor ideas, etc, but there are also lots of interesting cool ideas that just will not go away. Reminds me of the dotcom boom, actually.
- legulere 5y agoWhich ideas do you think will not go away?
- SubiculumCode 5y agoGambling is a given...paired with oracles (e.g. Link) for real world outcome verification to decide smart contract outcomes. I think applications to supply chain manufacturing would be useful to cut down the tons of fraud that happen in manufacturing. It is already finding use in cargo logistics. I believe Egypt has recently incorporated blockchain to imports (https://theloadstar.com/egypt-authorizes-cargox-as-the-blockchain-document-transfer-gateway-for-the-advance-cargo-information-system/ https://theloadstar.com/egypt-authorizes-cargox-as-the-block...). There are some interesting ideas about using it for increasing throughput for video streaming (see theta.tv). Non fungible tokens (NFT)are too hyped, but will find some permanent niches for digital trading economies and games..and perhaps uses that we do not foresee. In real estate, there is some movement to adopt blockchain to streamline an inefficient and byzantine process of title transfer and centralized solutions of final authority are not likely to be accepted by parties.
- mexicanandre 5y agoThe above examples are really not useful real world examples I think. Ultimately, there still is a single source of truth, which why not use a tech called MySQL for? If fraud happens, the blockchain wont stop it. Its the systems in the real world that do. The fraud will just happen on the blockchain.