Re:Ask HN: What problem does blockchain tech solve that data...
by dozzie on Monday March 26, 2018 @09:02AM
(#16678509)
Note that storing health records is a very dumb try of using blockchain. No
wonder that you have trouble seeing how blockchain would be of any help,
though probably for reasons different than the proper ones.
Blockchain is a service that adds a (cryptographic) timestamp to documents, so everybody can tell which of the two related documents was issued earlier. Blockchain doesn't do absolutely anything else! If a specific use case is not made easier when you can tell which of the two documents was earlier, then using blockchain is pointless.
Re:Ask HN: What problem does blockchain tech solve that data...
by danielblazevski on Monday March 26, 2018 @09:12AM
(#16678569)
let me rephrase: give me one good use where the majority of potential users would be OK with storing timestamped documents on a system not maintained by a trusted organization.
Re:Ask HN: What problem does blockchain tech solve that data...
by dozzie on Monday March 26, 2018 @09:44AM
(#16678771)
Ownership transfer contracts are one such example. We assume here that the
signatures under a contract cannot be forged and the contract itself cannot be
modified without the consent of the involved parties, but digital signatures
used in (on top of) blockchain satisfy this requirement.
I wouldn’t want, eg my health records stored on a system that isn’t trusted. This is one often cited application of blockchain.