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Re:Beyond the Bitcoin bubble by sho on Tuesday January 16, 2018 @01:22PM (#16160581)
I've looked at that first article before. Nearly every single example listed could be done with a standard DB and/or required centralised trust. The author of the article doesn't appear to have put two and two together that if the land registry in Ghana wants a centralised public DB then obviously only the land registry itself should ever be allowed to write to that DB and why on earth do you need a massive, slow public network that the registry would need to pay to use just to confirm that it was in fact the land registry when it could just use a private key?

I do however think blockchains are an excellent, useful concept. Verifiable, non-repudiable, write-only audit logs are a fine idea and I can think of many uses for them. I've never heard a reason why they need to be run on inefficient, unscalable, power-hungry, untrusted, adversial public networks, however.

Re:Beyond the Bitcoin bubble by decentralised on Tuesday January 16, 2018 @01:36PM (#16160738)
So, for transparency... I'm the author of both articles.

It's true that they could be done with a standard DB which would be managed like most of the other public / government IT throughout the developing world. The key to understanding the use cases is to look at the blockchain capabilities one by one and see where Ghana benefits from having a hard to modify public database.

If there is any subject that you would like to see developed or answered feel free to let me know. I usually write my articles as a way of responding to FAQ I receive in my consulting business.

Re:Beyond the Bitcoin bubble by sho on Tuesday January 16, 2018 @01:44PM (#16160855)
> Ghana benefits from having a hard to modify public database

I am very much on board with that idea. I work in finance and write-only is practically a law. I just don't see why you need ethereum to implement it; in fact it seems a terrible, overly complicated way to do it.

It is good though that the blockchain hysteria is inspiring governments to think about these concepts though.

On your disclosure - despite my criticism they are good articles and do get one thinking.

Re:Beyond the Bitcoin bubble by decentralised on Tuesday January 16, 2018 @01:59PM (#16161050)
So, I've worked in finTech for 20 years before changing careers to focus on Blockchain in general and Ethereum in particular, so I'm biased when I see the possibilities of an internet-of-agreements as well as mechanism design and cryptoeconomics in general as complements for real-world policy making and governance.

This to say, we could debate the relative merits of any solution so I'll simply say that transparency is a powerful tool in most government use cases. Ethereum was just a tool.

Thank you for the compliment!