Post
Topic
Board Project Development
Re: How does blockchain affect the PUBLIC SECTOR?
by
hoddddler
on 29/08/2019, 10:01:56 UTC
I thought I would see a proposal where word "blockchain" is used to make it somehow innovative, these days everyone uses word blockchain in everything, doesn't matter what, blockchain can do this, can do that, can bring it and etc while in reality there is no need of it in everything.
But this proposal is different, here blockchain is mentioned as a great method of storing data and that's truth, for example take land title registry which is already done through blockchain in some countries and that's right because it adds an extra layer of protection to whole information.
Exactly, that's a great point! It's actually a little sad to see so many blockchain companies promote themselves as the ultimate solution to every problem just because they are incorporating blockchain technology. Blockchain has many great benefits but it is not the technology that will end world hunger or poverty on its own. People should start taking blockchain for what it is, a decentralized method of storing data securely, not the holy grail of technology that will solve every problem in the world.