5 ms·
This is an interesting concept. But I'm not sure why a company would want to do this if they didn't have to. Currently even publicly traded companies don't have
by daveguy 4y ago
This is an interesting concept. But I'm not sure why a company would want to do this if they didn't have to. Currently even publicly traded companies don't have to completely open their books to an auditor unless they get into trouble, right? Even then is it public? But for this to be a public benefit, wouldn't it have to be mandated? A government requirement to have a cryptographic chain of evidence for your books seems like the opposite of the crypto ethos.
- dayvid 4y agoThere’s been some interest for things such as banks balancing transactions with each other or shipping countries validating logs. JP Morgan already developed their own Eth based blockchain to my knowledge and the usecases will be there. You will probably never hear about them, though.
- daveguy 4y agoAh, that makes a lot of sense. Thank you.