Re:IBM has cut its blockchain team down to almost nothing – ...
by pjmorris on Wednesday February 03, 2021 @10:10AM
(#26014263)
Compliance and regulatory audits (e.g. ISO certification, SOC 2, the list goes on) seem like a candidate to me. There is typically a standard set by one organization, that has to be complied with by (multiple departments within) another organization, and verified by an auditor external to the first two organization (as well as to auditors within each of the organizations.) A database managed by any of the three players wouldn't be trusted by the others, so it seems like a candidate for multi-party distributed trust.
[ Parent
| on HN ]
Re:IBM has cut its blockchain team down to almost nothing – ...
by warkdarrior on Wednesday February 03, 2021 @02:06PM
(#26017705)
A central database with records signed by each of the organizations would solve the problem. Those records are independent of each other (my compliance status is independent of your compliance status) so do you no have the need for a consensus algorithm across all of the parties.
Re:IBM has cut its blockchain team down to almost nothing – ...
by qaq on Wednesday February 03, 2021 @10:17AM
(#26014348)
and you specifically need proof of work to solve this?
Re:IBM has cut its blockchain team down to almost nothing – ...
by scsilver on Wednesday February 03, 2021 @10:21AM
(#26014386)
Does it make audits, faster, cheaper, more comprehensive, and more accessible by stakeholders? If so, thats the killer app.
Re:IBM has cut its blockchain team down to almost nothing – ...
by qaq on Wednesday February 03, 2021 @10:33AM
(#26014511)
It's orthogonal to all of the above