Another Forbes Article

[Anonymous No.14664858]

>Watch out for Chainlink

https://www.forbes.com/sites/biserdimitrov/2019/07/08/major-improvements-are-coming-to-blockchain-in-2020/#14134e0455b6

[Anonymous No.14664963]

>>14664858
LINK is getting shilled by Forbes every other week now.

[Anonymous No.14665233]

what do businesses use blockchain for?

[Anonymous No.14665354]

>>14664858
I work in commercial real estate and we own a bunch of shitty malls. I wish we could use blockchain and smart contracts for our work.

We have so many different tenants and leases and each lease has unique accounting properties that are difficult to track. Say one tenant pays their pro rata share of common area maintenance, but such rate shall not increase by more than 3% annually. The tenant next to them pays a fixed common area maintenance cost of $3 per square foot. So an accountant needs to read each lease, convert the lease language into an accounting abstract, feed that data into enterprise accounting system and then send to a 3rd party to bill the tenant. Then the tenant has to pay by check to the 3rd party, that has to enter it into the enterprise system, which then we get reports on. The whole process is a grinding mess of late payments, incorrect billings, partial balances and other nonsense.

If all this were on the blockchain with smart contracts it would all be clear and immutable, no need for an army of accountants, auditors, lease abstracts, billing services, payment processors, etc.

You etch the lease terms into code, the landlord holds their end of the bargain and the tenant upholds their end, if not, they lose access to the space.

[Anonymous No.14666210]

>>14665354
Landlords are kikes

[Anonymous No.14666274]

>>14665354
Great example of just how much detritus smart contracts are going to flush out. It really raises the question, though, of what the hell society is going to do when a significant percentage of bureaucratic jobs are made obsolete in a short space of time.

[Anonymous No.14666303]

>>14666210
T. Renter

[Anonymous No.14666380]

>>14666274
starting to understand why we need ubi soon huh? to bad it wont come in time because of people like (you)

[Anonymous No.14666400]

Nobody is going to read through that bullshit

[Anonymous No.14666411]

>>14666303
I'll never rent from a landlord kike

[Anonymous No.14666422]

>>14666400
It's towards the end

[Anonymous No.14666431]

>>14666380
I support UBI. I think it's either that or a return to feudalism, and as a non-aristocrat feudalism is a pretty shit deal.
Whether those in power decide that a non-starving population is needed to maintain a consumer economy, or whether they decide "bad luck" and just let everyone tear each other apart, remains to be seen.

[Anonymous No.14666432]

>>14664963
This is the first Chainlink meme I've ever saved.

[Anonymous No.14666445]

>>14666400
>ctrl + f
>chainl
>1 result found

[Anonymous No.14666448]

>>14666431
probably the latter tbdesu

[Anonymous No.14666491]

>>14666210
my landlord is a family member and we are agnostic

[Anonymous No.14666535]

>>14666210
my landlord is literally a kike his name is unironically goldschmied
feels fucking bad