Blockchain is open source code. Not sure it holds any inherent value without a Crypto.
What are your thoughts on why it would bring value to the crypto markets?
You are viewing a single comment's thread from:
Blockchain is open source code. Not sure it holds any inherent value without a Crypto.
What are your thoughts on why it would bring value to the crypto markets?
The potential I meant is not related to crypto market. It is decentralization of assets's control, and the absence of the need of mediators like governments and banks to facilitate the movement of goods/money between people. On long-term ceypto market would benefit from the mass adoption of blockchain technology.
Walmart is adopting a blockchain for its ordering and tracking.
https://www.coindesk.com/walmart-looks-to-blockchain-for-better-package-tracking/
You didn't ask me, but I can't help but chime in on this one. The two cannot be easily decoupled. It's like Siamese twins. Each is dependent on the other. The blockchain works because the participants are rewarded. Without a reward, there will be no blocks.
Well, I guess I could see some scenarios where blocks would be produced for different reasons. The NSA would be a likely "altrustic producer" in some weird privacy coin, for sure. Facebook too. Perhaps Alexa could yield block producer rewards based on a measure of your "usefulness" to AMZN?