Post
Topic
Board Bitcoin Discussion
Your Blockchain’s Blockchain: The True Meaning of Transparency in Crypto
by
elementus
on 06/07/2018, 15:21:14 UTC
Blockchain technology has been heralded as the first truly transparent way to conduct transactions. But how transparent are blockchains when the data the ledger represents is hard to extract, let alone interpret or utilize? Despite the public availability of the transactions, without context the “data” never truly rises to the level of “information”.  While tools have been developed that allow to see the chain transactions, there has yet to be a solid solution that facilitates the extraction, analysis and interpretation of this data, with contextualization that allows for understanding. What are some use cases for a technology that addresses this issue?