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by sllewe 1678 days ago
I advise/consult/build technology for a wide range of industries. (From AEC Firms to Major league sports teams) From my perch, the meaningful proliferation of blockchain in those industries has been...zero. And that's not to say it hasn't been on the tip of many of their CTO's tongues.

Your giant list of of terminology isn't making much of an impact on me. In fact many of those sounds terrible.

So giving your post the benefit of the doubt, when can I expect to be disrupted out of a job by even a single item on your list?

3 comments

As with most technological advances and innovations, people - even laggards of technological adoption - tend to over-estimate in the near term and under-estimate in the long term in terms of predicting the 'impact' of a given technology. So based on nothing at all other than witnessing corporations and industries rise and fall for more than 2 decades now because of new technologies, let's say 7 years before you're out. Fair?
As I look around at a pile of RFPs with companies running some core functionality on Windows Server 2003, RHEL 5, MYSQL 4 etc....I'll take that bet.
I suspect these companies view upgrading core functionality tech as a cost center to be avoided at all costs and for as long as humanly possible. "If it ain't broke, don't fix it", I hear them bark from their bean-counting management perch. So too were the companies that were content with their horse drawn delivery trucks to move their goods around town.

We now have a better, faster, cheaper (by orders of magnitude) way to move not goods but value through a network.

Obviously neither of us know how long it'll take for the legacy systems to completely die off, but they will. So I'll simplify the bet to: when, not if. Still game?

It'll come. As ethereum's scaling gets past the current growing pains and zkrollups like zkSync become prominent i expect enterprise interest will pick up, especially with initiatives like baseline protocol.

Companies can run their own private execution and data availability layer and have full control while not needing to worry about settlement.

I think the most likely thing you'll see popping up is NFTs as tickets to sports games. That's one of the few NFT use-cases I really love and think makes sense.
What deficiencies with existing ticketing solutions do NFTs provide?
The thing I love is the idea of atomic transactions. What does that mean? Well the transfer of a ticket for money could be a single transaction. No ticket without money, no money without ticket. Sure, you could use some tech to do this - maybe rely on Paypals guarantees to get your money or ticket back if the other person is fraudulent. But how do you guarantee the ticket is authentic? Well I can include a verification step in the transaction to only send my money if the ticket is valid with a smart contract. Now you have a peer-to-peer trustless safe method of trading tickets with strangers. The ticket providers can mint x tokens for a release and enable a safe resale market while users can feel safe buying and selling tickets online.
> Now you have a peer-to-peer trustless safe method of trading tickets with strangers.

No. You don't. because you also have to verify that the person who is selling tickets actually has the right to do so.

Simple - either metadata or part of the validator
That is not an answer. What metadata? What validator? Who provides and verifies that metadata? Who provides the validator?
Trust-less transfer, verification, & sales. The ability to provide additional value after the event. The ability to provide perks to recurring attendees. Means and reason to sell the ticket after the event.
> The ability to provide additional value after the event. The ability to provide perks to recurring attendees. Means and reason to sell the ticket after the event.

This... This can already be done and is already being done now, without any blockchains. There's literally nothing difficult in doing this.