| This. When I see something like this: https://techcrunch.com/2018/09/24/walmart-is-betting-on-the-... I just don't get it. I understand the motivation behind them wanting this sort of broad supply-chain tracking, but I don't see what "blockchain" actually solves for them that can't be more readily/efficiently solved in other ways. A trusted third party, with an immutable transaction ledger, and a simple to develop to set of APIs seems far superior from a product perspective in a case like this rather than those solutions that will simply build this same thing on "blockchain" software. The only gap is an API which is domain specific (like for food supply chain). (And even this won't solve many of the trust issues in food supply chain, but it looks like it will offer the same useful traits of a blockchain only more simply). [edit for clarity] |
What does an industry with thousands of different major players have to gain by coming together to give a single company a monopoly over their entire industry? And in fact, one of the biggest strengths of blockchain is that it provides a viable alternative to monopolies for various industries.