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RE: On Recovering From This 'Crash' in Crypto Prices. Why Invest In Steem? SMTs, Reinventing Our Image & Building Steem Co-mm-Unity!

in #steem6 years ago

In actuality, Steem is a platform that rewards much more than just blogging since on a basic level, the text storage capacity of Steem allows for recording of a wide variety of information, including records of activity of a wide variety of types.

This is exactly what I have been telling people. We created a proof of concept to store medicine shipment data during a flood - read, medicine shipment in a highly dangerous, epidemic prone scenario. We wanted to make the data on a public blockchain as opposed to a private blockchain that too in a government owned, controlled data center. (We couldn't continue beyond the PoC because of the freeze.) We had UN's eyes -- all lost now.

So, this was a quick and dirty solution to something that specialized blockchains like Hyperledger ecosystem is used. Needless to say, I have won many enemies from some of the 3 letter big names for my role in pushing an obscure + public blockchain Steem!

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Well, if you aren't winning enemies from acronyms then you aren't doing it right! :)

noted :-)