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> Claim 2: Blockchain technology has no non-monetary applications (Confidence: High) I would replace "non-monetery" with "non-financial". I think it's a perfec
by acjohnson55 5y ago
> Claim 2: Blockchain technology has no non-monetary applications (Confidence: High)
I would replace "non-monetery" with "non-financial". I think it's a perfectly reasonable (albeit, imperfect) solution as a ledger and exchange mechanism for new financial assets.
- mlyle 5y agoWhat about just non-repudiation? Proving a logfile, or evidence, etc, is from before a certain date and hasn't been tampered with?
- acjohnson55 5y agoSure, that makes sense to me. Is that being done to a meaningful extent?
- propter_hoc 5y agoFor any document in the form of PDF files, this is fairly trivially done using a certified PDF signed by a member of the Adobe Approved Trust List. Other data could be signed by PGP from an issuer that publicizes its public key. In practically every use case there exist trusted parties, obviating the value of decentralized certification.
- kolchinski 5y agoAuthor here, thanks – great point. Mind leaving it as a comment on the essay itself as well for posterity? Or I'm happy to add a footnote/comment quoting you.
- acjohnson55 5y agoJust saw this. I'm trying to post a more substantive version of this comment to your blog, but for some reason, it keeps erroring.