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by newdude116
1864 days ago
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I don't see many applications for blockchain. The only application is where you don't want to have a trusted central party, be it a company or a government. I see many start-ups advertising and betting on a blockchain technology by something that could be easier solved with a regular, central database. Are they just bullshitting? Digital vaccination passports it an example. Why do you need the blockchain? A central government signature/database solves this problem. |
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Blockchain or trusted database authority is only necessary when there’s the risk of double spend. Like I try to sell my house to two different people at the same time. With vaccine passports there’s no risk. Either you’re vaccinated or not.