Re:Google Cloud Launches Blockchain Toolkit for App Developers
by Xakdra on Monday July 23, 2018 @06:38PM
(#17596602)
Another question that seems to be avoided whenever I ask professionals is the usage of the blockchain. I personally do not see it's practical application beyond its use in crypto currency or other financial related use cases such as validation of user purchase histories. But what else is there for the tech? Looking for some insight.
[ Parent
| on HN ]
Re:Google Cloud Launches Blockchain Toolkit for App Developers
by babaeth on Tuesday July 24, 2018 @06:39AM
(#17599732)
Look into Golem and Brave/BAT, they are great examples of other use cases than crypto currencies.
Re:Google Cloud Launches Blockchain Toolkit for App Developers
by hanniabu on Monday July 23, 2018 @07:28PM
(#17596893)
It can be used anywhere there's a middleman/ intermediary or where trust is required.
Re:Google Cloud Launches Blockchain Toolkit for App Developers
by JustFinishedBSG on Tuesday July 24, 2018 @07:25AM
(#17599981)
> where trust is required.
Blockchains don't solve the trust problem at all. Except if none of the trust problems you have interact somehow with the material world
Re:Google Cloud Launches Blockchain Toolkit for App Developers
by gibsons77 on Tuesday July 24, 2018 @09:50AM
(#17600969)
That's the only thing blockchains solve is the decentralization of trust. Oracles provide a bridge, and it is possible to make trusted decentralized oracles.