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All of those services can be done better without a permissionless distributed ledger. Use a traditional centralized database, and you can process transactions f
by lern_too_spel 4y ago
All of those services can be done better without a permissionless distributed ledger. Use a traditional centralized database, and you can process transactions faster, iterate your product faster, and adapt to regulations faster.
- manishsharan 4y agoThe key word is "centralized database". This requires a trusted middleman to facilitate the syndication and manage the lifecycle of the contract. Blockchain could facilitate financial contract between parties without an intermediary.
- lern_too_spel 4y agoThe intermediary is the blockchain, which is more expensive and slower than the trusted centralized database.