Re:Ethereum Isn't Fun Anymore
by Gatsky on Monday February 22, 2021 @07:04AM
(#26223540)
https://www.reuters.com/article/us-bhp-ironore-blockchain-id...
[ Parent
| on HN ]
> to digitise a sector that still uses millions of paper documents
So, they now use blockchain where sending documents as a PDF would have been sufficient...
I'm so proud!
edit: Read the article! That's truely their main selling point. Formerly it was done on/with paper, now it's "on the blockchain". This is another great example why we don't need blockchain.
What’s the point of a PDF when a fax would be sufficient?
The problem is that the purpose of the Blockchain is to achieve distributed trustless consensus. Any time the Blockchain interacts with the physical world you need to introduce a centralised trusted entity (the oracle problem)