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You don't need a currency to have a blockchain. A group of counterparties could work together to create their own closed/permissioned blockchain as a decentrali
by jackgavigan 11y ago
You don't need a currency to have a blockchain. A group of counterparties could work together to create their own closed/permissioned blockchain as a decentralised mechanism for recording transactions of, say, securities or real-time gross settlement.
This is what companies like Eris Industries and Hyperledger/Digital Asset Holdings are focused on.
- yarrel 11y agoThey can but I'm very wary of systems that don't have Bitcoin's closed loop of economic incentives for maintaining the blockchain.
- martindale 11y agoWithout a token, a blockchain is just a distributed database. These have existed for a very long time.