Moving on from big blockchains

Posted by & filed under Private blockchains.

What we gain in flexibility by losing proof of work When it comes to using blockchains for inter-enterprise coordination, there’s an elephant-sized problem in the room. In my view, nobody’s talking about this issue enough, whether due to denial or the need to keep the hype going. The problem, in a nutshell, is confidentiality.

Avoiding the pointless blockchain project

Posted by & filed under Private blockchains.

How to determine if you’ve found a real blockchain use case Blockchains are overhyped. There, I said it. From Sibos to Money20/20 to cover stories of The Economist and Euromoney, everyone seems to be climbing aboard the blockchain wagon. And no doubt like others in the space, we’re seeing a rapidly increasing number of companies… Read more »

Delivery versus payment on a blockchain

Posted by & filed under Private blockchains.

How blockchains can solve the oldest problem in the book Trading between people is as old as humanity itself. It began at the moment when caveman Ogg said to caveman Ugg: “me give you rock, you give me berries”. But trading carries with it a fundamental problem: it requires trust. What stops Ogg from using… Read more »

Ending the bitcoin vs blockchain debate

Posted by & filed under Private blockchains.

Is there any value in a blockchain without a cryptocurrency? The debate has been running for a while but the past month has seen a serious uptick. The question being asked is: Is there any value in a blockchain without a cryptocurrency? And can these “tokenless shared ledgers” be called blockchains at all? So I’ve… Read more »