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A comment on Walmart Is Getting Suppliers to Put Food on the Blockchain. Parent comment

Re:Walmart Is Getting Suppliers to Put Food on the Blockchain by noddy1 on Thursday April 26, 2018 @05:40AM (#16930367)
Crime and plotting is much harder to do prospectively than retrospectively. Having prospective records timestamped from a number of independent providers is really hard to fake.
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Re:Walmart Is Getting Suppliers to Put Food on the Blockchain by adyus on Thursday April 26, 2018 @05:51AM (#16930423)
That's true, but I cannot recall a recent instance of "cooked books" since everything started moving to centralized databases. The blockchain keeps looking like a solution in search of a problem that could be solved easier by other means.
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Re:Walmart Is Getting Suppliers to Put Food on the Blockchain by noddy1 on Thursday April 26, 2018 @06:05AM (#16930483)
I agree; I'm cynical on about 99.99% of touted blockchain use cases.

However, for the 0.01% of use cases where you can't trust the government (money printing) or where the stakes are too high to rely on the security of a trusted 3rd party, blockchain is great.

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