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Nope, that's entirely for PR reasons. For some reason "blockchain" is still hype. Does it even matter there's a blockchain if it's centralised at a single party
by sofixa 4y ago
Nope, that's entirely for PR reasons. For some reason "blockchain" is still hype. Does it even matter there's a blockchain if it's centralised at a single party?
Central banks are looking in digital currencies (the so called CBDC), but blockchain is completely useless for that.
- okwubodu 4y agoIt makes the most sense when you're managing liquidity between multiple parties. I bet it would still be a logical next step if they couldn't get a PR boost off the hype.
- bombcar 4y agoIf you have a group that has a trusted party (even if said party is one of the group, or a new group made from the group itself), that party can just run a bog-standard database and there's no need for a blockchain.
- okwubodu 4y agoOf course, it’s an architecture decision. They do different things and different considerations may lead you to one or the other.