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I think it could be used for some kind of permissioned, collectively crowdsourced database that's (mostly) free from the control of a single group of administrators/gatekeepers. I guess kind of like a decentralized wiki.

In my view, blockchains shine where you need auditable global state, bonus points if you don't want central control in your operations (obviously this then kicks the can to the core devs). This use-case is fairly miniscule for most applications, though.

As far as currency, I think they also have their use-cases as well but most people don't want a global audit trail of all their purchases. Things like Monero and Zcash shine here. The value fluctuations are obnoxious, though.

I'm saying this as a big blockchain skeptic. I think most of the things people use them for are silly.




Shared append only, very slow database. It’s a very specific setup but maybe there’s some scenario for it.


I think a shared, "slow" database could be useful for property deeds. Give the state admin access to override the typical transfer process in case of theft, and then you're left with a 24/7 accessible public database of property deeds, where the current owner and full history of a deed (transfers, liens, easements) can be accessed and verified by any joe with a computer.

It could be useful for professional licenses, too. Everyone could have a verifiable history of someone's professional license - when it was issued, when it was revoked, again mathematically verifiable. You could be sure that someone's record was never changed or deleted without leaving an audit trail.

Though to be fair, the important part of this is the chain of cryptographically signed and timestamped events. It could work without strictly being a blockchain. You could imagine something that behaves more like a git repository with a flat file database in it.




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