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Blockchain Hype May Have Peaked, But IBM is Still a Believer (qz.com)
Blockchain euphoria is giving way to blockchain fatigue: Despite the hype, only 1% of executives in a survey reported deploying the technology at their firms. And while corporate management remains bullish about distributed ledgers, mentions of "blockchain" are on the decline during earnings conference calls. But IBM, which has roots going back more than 100 years, still thinks the technology that underpins bitcoin has untapped potential. From a report: Blockchain is a kind of tamper-proof database for keeping track of just about anything. IBM has around 1,600 employees working on such projects, and is leading other technology companies in terms of headcount and investment, according to Marie Wieck, general manager for IBM Blockchain. The Armonk, New York-based company thinks promising uses include supply chains and finance. And while the public's love affair with blockchain is showing signs of dissipating, Wieck still thinks the technology could be as transformative for businesses processes as the internet has been for personal ones.
Plastics.
over and over
I'm sure blockchain is a good and appropriate tool for some (many?) things, but it's not the best thing since sliced bread, nor can it be used to slice said bread.
It must have been something you assimilated. . . .
If IBM is on it, the hype is indeed dying. They will sell this to as many dupes as they can find willing to pay those billable hours for a failed "solution".
Everyone together, one last time...
blockchain, Blockchain, BLOCKCHAIN!
cough AWS cough
blockchain ?!?
Blockchain is just a really-expensive database which is only fine if you require Immutability and Availability
While I am sick to the back teeth of "blockarsechain this, blockfuckingchain that" and am glad to see the back of it, I'm left with a feeling of apprehension.
Because as sure as little green apples evolved as a way of encouraging animals to disperse the seeds and provide them with a source of fertilizer, there'll be something else.
Answers on a postcard, please...
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
"while the public's love affair with blockchain is showing signs of dissipating"
Love affair maybe - if the get-rich-quick speculative investors give it a rest, the practical uses may get a chance to emerge. Venezuela's massive adoption of DASH for trading is showing no signs of slowing, and there it provides a positive social impact at least.
biopowered.co.uk - catalytically cracking triglycerides for home automotive use since 2008. Just say no to big oil!
They're not monkeying around.
https://www.youtube.com/watch?...
Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
In my country the Mint prints more $100 notes than any other denomination. But where do they go? Co-workers, friends, retailers and shop assistants all say that it is rare to see $100 notes.
We also have mafia and triads in a black economy, and daily deaths and crime from meth. Heroin deaths have just hit a 10-year high.
Our tax base is eroding. Government revenue is falling as people are reducing their consumption of items that attract the GST. More efficient vehicles are cutting into the take from the fuel excise.
These public health and public revenue reasons are good reasons to chase down where the elusive shipping containerloads of $100 notes are going.
I look forward to blockchain on $100 notes. It's sensible.
Indeed, anyone who opposes it automatically puts themself under suspicion of benefitting from the black economy. Think payola, kickback, bribes.
It's a litmus test. Is your politician owned by the Mafia? What is their position on blockchaining $100 bills?
An average confirmation time for a Bitcoin transaction was 10 minutes yesterday.
See something other people might be doing cool things with, announce you're all in, file as many bogus patents as your buddies at the patent office can take, and start suing everyone who's actually accomplishing something.
It's been their main business strategy for at least a quarter century now, and they're showing no signs of slowing down.
I was going to post something interesting but Slashdot's Filter says "Filter error: That's an awful long string of letters there." What the fuck? Do you have to be a moron to get a job at Slashdot? So I'll post this instead.
... $100 bill in my hand.
And if you really want to know where they go, save up for one, and when you finally make it to a town, spend it all in one place.
But where and on what? On surf-wear at Billabong, or on a few too many pints at the Squatters Arms ... or someplace shadier beneath a tree?
isn't the history of software the history of bugs, many of which lay hidden for decades ?
They are selling it!