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A comment on China’s Social Security Fund to Use Blockchain Technology. Parent comment

Re:China’s Social Security Fund to Use Blockchain Technology by davidgerard on Tuesday September 06, 2016 @05:24PM (#12439399)
No, it's very useful! It's called "a git repo, which you can identify by its hash." A completely tamper-evident track record of a history. Without the power consumption of Ireland.
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Re:China’s Social Security Fund to Use Blockchain Technology by paavokoya on Monday September 12, 2016 @01:25PM (#12481680) 

   A completely tamper-evident track record of a history
But they want to be able to alter it.. To regulate bad actors and such.. That won't work for companies if they get hacked and are unable to undo transactions. We've seen this before.
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