Blockchain: Is it all about cryptocurrency?

Re:Blockchain: Is it all about cryptocurrency? by ilovhn on Saturday November 19, 2022 @03:11PM (#33674124)

No.

Real world example: Insurance contracts minted as NFTs on the blockchain, with the aim of immediate outcome and eliminating brokers/intermediaries.

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Re:Blockchain: Is it all about cryptocurrency? by smoldesu on Saturday November 19, 2022 @04:00PM (#33674623)

Most people don't have custody of their own tokens though, so moving insurance contracts to the blockchain literally necessitates a broker or intermediary.

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Re:Blockchain: Is it all about cryptocurrency? by alegeaa on Saturday November 19, 2022 @05:05PM (#33675277)

Exactly. Quite interesting though.

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Re:Blockchain: Is it all about cryptocurrency? by alegeaa on Saturday November 19, 2022 @05:05PM (#33675284)

On which blockchain is this? i.e., which project? Any links?

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