Sounds like the old methods of a centralized organization that can intervene, moderate and correct when things go wrong. I am pretty sure it works better that

Sounds like the old methods of a centralized organization that can intervene, moderate and correct when things go wrong. I am pretty sure it works better that way, but it does makes you wonder why it needs the blockchain and all of that. https://news.ycombinator.com/item?id=29845208 https://news.ycombinator.com/item?id=29845208 seems to describe this as well.