Re:A16Z is re-registering as a financial advisor, renouncing...
by luckydata on Wednesday April 03, 2019 @04:24AM
(#19561725)
Why do you need a blockchain to do that?
Re:A16Z is re-registering as a financial advisor, renouncing...
by nradov on Wednesday April 03, 2019 @08:41AM
(#19562810)
What other architecture would you recommend? There's no single entity which can be trusted to maintain a centralized database.
Re:A16Z is re-registering as a financial advisor, renouncing...
by luckydata on Wednesday April 03, 2019 @02:30PM
(#19565917)
I challenge that requirement. Why no single entity can be trusted? It's like saying the banking system doesn't work because no single entity can be trusted with maintaining a database of transactions. That's self evidently false.
Re:A16Z is re-registering as a financial advisor, renouncing...
by nradov on Wednesday April 03, 2019 @03:37PM
(#19566503)
Which single entity can be trusted? None beyond the US federal government exists today, and they don't want to do the job.
I suppose in theory all of the industry players could get together and establish a joint venture or nonprofit company specifically for the purpose of creating and maintaining an accurate database of provider contact information. But that seems a lot more complex.
Re:A16Z is re-registering as a financial advisor, renouncing...
by luckydata on Thursday April 04, 2019 @04:38PM
(#19576865)
Doesn't seem that complex to me. Insurance companies kinda do that already. It's not a technology issue, otherwise Google or Microsoft would have figured it out already, it's a governance and legal issue. Blockchain doesn't seem to be bringing to the table anything valuable in this case.
https://www.synaptichealthalliance.com