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/biz/ - Business & Finance

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8384733 No.8384733 [Reply] [Original]

So I attended a summit for digitization in the pulbic sector of scandinavia this week. A couple of blockchain projects were on the program.
Sweden is going to launch their new housing registration of ownership software on blockchain tech.
The tax ministerium of Denmark is doing proof-of-concepts on car ownership and verifications (basically VEN)

In both versions they're doing their own blockchains with centralized control and a few public nodes for opacity.
That's what adoption looks like....

Blockchain projects made by a few nerds is dead, and crypto currency is dead with it.

>> No.8384792

>cryptocurrency is dead because institutions are experimenting primarily with permissioned / private blockchains
I don't see how.

>> No.8384812
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8384812

>>8384792
>experimenting
Implementing - the tax ministerium actually experiemnted on etherium but since nobody wants to pay for transactions or run a public blockchain it won't be what they use in the real world.

>> No.8385023

why are they even doing this?
there is no point to a private, centralized blockchain really they might as well just store their stuff in a normal database.