Do You Need A Blockchain?
p/do-you-need-a-blockchain
Clearing the confusion for once and all
Aditya
Do You Need A Blockchain? — Clearing the confusion for once and all
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Critically analyze whether a blockchain is indeed the appropriate technical solution for a particular application scenario.
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Aditya
Hey PH Fam, Blockchain adoption FOMO is real! Hunting this super simple website with you all to help you make an informed decision :) The website is based on Karl Wüst and Arthur Gervais's paper "Do you need a Blockchain?". You can also check out this flowchart to arrive at the conclusion real quick! Have a nice Sunday :)
Darius Kincaid
Well, it's undebatable that this technology has a promising future, and it's not surprising that so many companies are thinking about working with it. If you read this article https://4irelabs.com/articles/to... , you'll understand that this technology can be really profitable for people who enter this industry and know enough about it.
Tian Zhao
This is actually the wrong question to ask. Blockchain is a technology that is actually more societal-facing, than company-facing as opposed to AI for example. If the question is do "you" as an industry need blockchain, then "yes", but if the question is "you as a company" need it, yeah you're right - most likely not. There's a real fallacy in asking this question because all technologies have affordances, national inborn tendencies towards one thing over other things. Blockchain is one of the 3 core technologies of this 4th Industrial Revolution that is actually more of a society/industry-facing one, one that breaks down barriers, middle-people, and therefore is more of a community/socialistic-force than an individualistic/corporatist-force. It's not like AI which is more individualistic/corporatist nor is it like IoT which is a hybrid of the two.
George Oghenerume
I really need a blockchain