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Re:Forty Big Banks Test Blockchain-Based Bond Trading System by dbcurtis on Thursday March 03, 2016 @05:26PM (#11220546)
It's not about the mining!!!! Block chain is about having an immutable, non-repudiatable transaction record.

Block chain is a wheel.... guess what, wheels have uses far beyond the Pharaoh's war chariots. Like, you know, bicycles and automobiles. Stop conflating block chain and crypto-currency.

Re:Forty Big Banks Test Blockchain-Based Bond Trading System by asbromberg on Thursday March 03, 2016 @05:33PM (#11220594)
It is about the mining though. The mining is what makes the blockchain immutable. How do you propose making it immutable without that feature?
Re:Forty Big Banks Test Blockchain-Based Bond Trading System by jaekwon on Thursday March 03, 2016 @06:09PM (#11220793)
There are two ways to secure a ledger. Mining, and accountable BFT like Tendermint.