LEGIT QUESTION

Why would somebody/institution want to bring their shit on the blockchain ?
Whatever that shit might be..

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None what so ever

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Institutions will never use blockchain tech
there are no use cases for them

TRIPS CONFIRMS BEAR MARKET

When done correctly, it makes compliance intuitive. In absence of a singular government, Bitcoin and ideas like Blockstream's Liquid Assets works better than using nothing.

Regulation of the future will be voluntary and opt-in, reducing the cost and risk for all. As the tech stands now though Bitcoin is only good for currency speculation.

Seriously, what are the motives for this database to be so revolutionary ?
It is distributed amongst others.
That is all I understood so far.

Public ones? They don't care about them.
Private hyperledger implementations? Supply chain traceability, compliance reassurence between companies, removing intermediaries that would cost them even more.

because it cost $0.04 to transfer $280000000
/thread

And by the time it arrives to you will be worth $240000000.
Eg. 5 seconds after a minor Bart.

Compliance reassurance between Co's makes sense.
Thanks user.

If everyone used it, there would be more liquidity and less volatility

>Private hyperledger implementations
>compliance reassurence between companies

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tether

that is correct. it would be nonsensical for a centralized heirarchical entity (corporation) to put anything on a blockchain. the only reason bitcoin is valuable is because the ledger is distributed and no one has control over the system. for a company to use that method to store their data would be inefficient at best

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As a developer, I want to write apps and deploy them, not maintain them through an endless swarm of issues. Openssl had to be patched recently, which means I had to upgrade over 10 servers instead of working on new functionality. GDPR took me out for two weeks updating my various apps.
Meanwhile, every startup I've been a part of has denied me any meaningful ownership while simultaneously being illiquid (still had to pay taxes on unmaterialized gains).
So many reasons beyond what I've mentioned but w/e I don't care what you do.

IT SAVES THEM LOTS OF MONEY

Can applications be programmed on a private block chain?
as in, you add a line of code to one application one one sever and it distributes the change to each sever automatically?

Well, the point, that some people recently arriving in crypto seem to miss, is to render such institutions utterly irrelevant

Why do you think the blockchain will make those issues obsolete? I'd say it exacerbates them.

Smart Contracts

Think about something like Intellectual Property rights.

Having a trustless, decentralized system that allows everybody to know instantly who has rights to what would ease so many legal issues and save so much money. Imagine an accurate (and for the sake of argument, trusted by international courts) internationally recognized blockchain for IP rights - that shit would be invaluable.

Depends on the chain and the tech. SONM for instance does not change the toolset developers use (docker images) but you would need to push new images.
It separates the dapp deployment from the developer. IE decentralized serverless hosting

Because it could save them millions and millions of shekels. Next.

holding the business world accountable, factories cant lie about numbers, etc. it's about transparency.

if the entire world co-operated and used technology like blockchain. then there would be literally no way for chinese manufacturing scams to exist for instance. because things would be trackable.

it can end corruption in many industries

This.

It blows my mind that people on here are still caught up with blockchain as a database etc. The real revolution here is in turing complete smart contracts that can run in decentralized environments. Nobody wants to move their data to a blockchain, that would be retarded. The ability to run smart contracts is going to save companies a fuck ton of money.

ITS A FUCKING LEDGER YOU RETARD
IMMUTABLE LEDGER YOU DOUBLE RETARD
HOW CAN PEOPLE STILL ASK THESE QUESTIONS
GO LECTURE YOURSELF YOU FUCKING FINAL ONCE MORE RETARD

This. I think this is the biggest problem with skycoins scalibility. They expect large enterprises to come and adopt to THEM. Versus ChainLink adopts to them, the enterprises

Both of these coins are scams bro, sorry.

Companies will slowly start using platforms similar to ETH to save money with contracts.

Adaptability will be key for smart contracts. Whatever platform allows enterprises to enter/use smart contracts in the simplest and cost effective way will turn out winners. Still too early to tell.

if everyoen used it, the fee would be 1000000

>Why would somebody/institution want to bring their shit on the blockchain ?
>Whatever that shit might be..

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This only works with patents, inventions, money remittances and the likes. I doubt corporations (hierarchical and centralized by nature in itself) would use blockchain. It just defeats the purpose.

They might use it as a proof of credibility of sort. Decentralized blockchain is like a definition of trust. Some projects may hold back the public interrest because of fear of internal corruption. Imagine theres no government and people use voting system to pass the laws. You would only trust this system if it was a decentralized blockchain, wouldnt you.