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0 sats \ 2 replies \ @grayruby 13 Jul \ parent \ on: Leak Reveals Shock SEC Flip That Could Cause BTC & Crypto Price Chaos bitcoin
Why does it require a blockchain to manage logistics? Why is that optimal compared to a standard database?
Fan voting certainly doesn’t require a blockchain or a token.
Data storage definitely doesn’t require a blockchain. There are many public company’s that achieve this extremely well without a blockchain.
Sorry but you aren’t going to convince me of the multichain, everything rebuilt on the blockchain narrative. The use case for blockchain is extremely narrow and money is thus far the only proven viable use case of the many that have been tried.
All I am going to say is that if it wasn't worth it Maersk wouldn't be going back to it again for logistics. Same with DHL, Fedex, and Walmart to name a few. Even Microsoft and Amazon have been investing in blockchains with Microsoft having their own Azure chain and Amazon’s Quantum Ledger Database... obviously there is something there outside of finance or these companies wouldn't spend money here but they not only have but continue to
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A private blockchain is just a shared database with a cool name.
Because enterprises want to share their databases with customers for more transparency that doesn’t assign value to 20k crypto projects or countless public blockchains that fabricate reasons to exist.
In fact the existence of private blockchains further negate the utility of things like filecoin.
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