Comment on Please Stop

<- View Parent
Zuberi@lemmy.dbzer0.com ⁨9⁩ ⁨months⁩ ago

*Blockchain technology can improve health care services in a decentralized, tamper-proof, transparent, and secure manner. *

This can also be used for research institutes to be able to research with each others’ findings.

Here is a paper on the topic: www.ncbi.nlm.nih.gov/pmc/articles/PMC8555946/

Image

Blockchains are also great for the verification of digital goods as tangible assets. While I’m not sure we reach this level of meme ^, people could 100% mint their own house’s deed and trade that as a legit way to buy/sell their house.

I am very carefully avoiding the words “NFT” because they are another horrible use-case of a blockchain (and a prime example of how capitalists turn a good tech into something stupid for a quick buck), but this would theoretically be a tokenized-security with a 1:1 to the actual deed to the house.

Is that more secure than the normal process of buying a house? Do you really need it to be external to a 3rd party when the transfer of homes already exists? No not really lol, hence why we probably see it the most in highly regulated industries like biotech and finance first.

HIPPA/Securities-laws (or lack-thereof) will require a tough regulatory framework that “could” realistically be done via a 3rd party, but you have to ask yourself if you trust big-pharma and wallstreet enough to regulate themselves like that.

source
Sort:hotnewtop