Re:Wall Street rethinks blockchain projects as euphoria meet...
by lifeisstillgood on Thursday March 29, 2018 @05:17PM
(#16711102)
i did not make myself clear (i should stop
posting from my phone).
i was trying to say that the sizzle was more than the reality - a trusted (neutral) third party will solve all the claimed issues - it's just that the reason this has not happened in many sectors is because the issues the third party / blockchain can solve are not the issues preventing adoption - it's like car manufacturers would like to dump their dealers and sell direct - but no one is prepared to risk a huge downside. Tesla might be "disruptive" but no one seriously thinks Tesla will replace all other car sales - and so dealer networks will remain (for a while).
i was trying to say that the sizzle was more than the reality - a trusted (neutral) third party will solve all the claimed issues - it's just that the reason this has not happened in many sectors is because the issues the third party / blockchain can solve are not the issues preventing adoption - it's like car manufacturers would like to dump their dealers and sell direct - but no one is prepared to risk a huge downside. Tesla might be "disruptive" but no one seriously thinks Tesla will replace all other car sales - and so dealer networks will remain (for a while).
i think the analogy holds :-)