Re:UK government urged to use Bitcoin-style digital ledgers
by icebraining on Tuesday January 19, 2016 @06:16AM
(#10929963)
We already have a much simpler model for an immutable database with distributed data entry: it's a DVCS. With GPG signatures (like git tag -s), it's also signed, tamper-resistant and accountable.
Blockchains are a solution to a much harder problem, where consensual order is crucial and nodes are not fully trusted.
Imagine many administrative offices that can create many drivers' licenses, or many city inspectors on many sites, or many doctors in many hospitals -- all with distributed capabilities to create data that is securely signed, tamper-resistant, immutable, transparent, accountable, and fault-tolerant.
Kudos to Sir Mark Walport and the UK.