/biz/ - Business & Finance

https://cointelegraph.com/news/swift-ceo-reveals-plans-to-integrate-blockchain-consortium-r3s-corda-tech

>>12578176
I found it on an internal search. It's tracked learning within IBM.
I owe you guys nothing, and haven't even bought any iExec yet.
I've been watching it for ~6 months.

If she dips a bit I'll buy some.

>>11947967
Christ.
The fact that y'all don't grasp any of this is hilarious.
How the fuck did you find LINK?
>What gives muh token value?!
The token gets value from supply and demand.
>If all these businesses use private chains, what does that mean for LINK?!
They're using private chains due to a combination of justifications.
-they don't want *all* of their transactions visible to the public
-throughput limitations due to PoW are VERY limiting
-old school thought of 'this is muh IP, I want to control it's

If the businesses want to share data publicly, for example let's say a business wants to publicly share a smart contract to show trust in it's execution, they would use a public chain (ETH) and as a result, public LINK tokens. Once ETH's scaleabilty issues are resolved, the network will see fuck tons of use. A lot of these corporations are using ETH forks with the expectation of adopting the mainnet once it is ready (PoS + sharding) for specific parts of their contracts.

This is legitimately going to change the way to whole fucking world does business.
Whether LINK is used or not, this coming age is fucking exciting.
Learn as much about blockchain and related technologies as your sub 100 brains can handle. We're codifying the fucking world.