Indeed. While I understand how blockchain works from a technical perspective, I have yet to hear an application of it that actually makes a lot of sense to me.
Sounds similar to crypto-talk: "but you don't understand, it's based on blockchain". It doesn't matter what technology is used, but what action is done.
"Explaining why he is using a blockchain at all, Stöcker says because the “future of business will be fuelled by the #MachineEconomy … Machines – such as autonomous cars.”"
So it's just for PR. No reasonable explanation at all.
It's pretty much par for the course for blockchain bullshit. They promise the world but aren't honest about the limitations of the tech. Yeah, you get data integrity assurance within the blockchain, but that says nothing about the accuracy of that data as it's coming in.
well, that's weird because according to the institute that runs the entire thing (https://www.niis.org/blog/2018/4/26/there-is-no-blockchain-t...), there is no blockchain technology involved, it merely uses some hashes to link data together, as do plenty of age-old protocols.
This is a good example of why these PR campaigns are silly.
I am a regular and boistrous cheerleader for the prospects of blockchain technologies to empower changes in the world... but I do not understand what is going on here.
This seems entirely centralized, and thus a very poor use case for a blockchain.
That sounds to me like someone used excitement about "blockchain" as an excuse to upgrade a two-decades old system to something a bit more modern.
It looks like it's a private blockchain shared between two (at the moment institutions), which means it's probably being used basically as an append-only log.
I’m unable to find a single article that actually details what “blockchain technology” they’re using, and why. Every English article seems to be a rehash of the same press release - Can anybody find something better in mandarin ?
This reminds me of a previous job. The management—none of which were technical people—just loved the idea of investigating “the blockchain” and “IoT” and “machine learning” and “AI”, but had no clue what it meant. I left after a couple of months.
Has anyone else read this article and had the same experience as me? I genuinely second guess myself when reading it: have I lost the ability to read? Am I stupid? I read all these words on the page yet I have absolutely no comprehension of what was said. What on Earth was written on the “formalising humans on the blockchain” section for example? There sure are a lot of words, but nothing actually got said.
What, exactly do they want to do with a blockchain and why? It’s a simple question.
Oh, they have some cryptocurrency token they want to sell. Gotcha.
If someone does understand what Porsche is doing here with blockchain, please translate...
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