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by dmitriid 1442 days ago
> The idea is that since data on a blockchain can't be modified on a whim without that change being observed, it protects the integrity of the data being stored.

Audit logs are not a new thing. Immutable data stores are not a new thing. This can be done in any number ways, each of them more efficient.

Moreover, it doesn't help with data entry. Yes, data cannot be modified. And still someone orders bananas and ends up with mouldy tomatoes.

> S&P Global and Walmart, who use it

I very much doubt they use it. All these "use cases" fall apart within a year or two after initial starry-eyed announcements

> Basically it is being treated as a sort of database.

Indeed. Treated like a database. When people treat Kafka as a database, those people are derided and there are entire articles on why you shouldn't treat a read-only append-only log as a database. But sure. Once it's blockchain, it's amazing and the bee's knees.