Blockchain as a service: Difference between revisions
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{{g}}One of those beautiful logical oxymorons, [[blockchain as a service]] — "'''B.S.'''" to those of us who admire it at least for its staggering chutzpah — as the instant solution for those who, one one hand, so distrust financial intermediaries that they would cast operation of their ledger into monstrously slow, infiexible and environment-massacring gears of a [[blockchain]] but, on the other, so lack resources or expertise in [[distributed ledger technology]], that they will hand the entire implementation over to a random startup, who will charge them handsomely, and in perpetuity, for providing an open-source software solution. | {{A|g|[[File:Bullshit.jpeg|thumb|center|[[Blockchain as a service]]. Also known as “BS”.]]}}One of those beautiful logical oxymorons, [[blockchain as a service]] — "'''B.S.'''" to those of us who admire it at least for its staggering chutzpah — as the instant solution for those who, one one hand, so distrust financial intermediaries that they would cast operation of their ledger into monstrously slow, infiexible and environment-massacring gears of a [[blockchain]] but, on the other, so lack resources or expertise in [[distributed ledger technology]], that they will hand the entire implementation over to a random startup, who will charge them handsomely, and in perpetuity, for providing an open-source software solution. | ||
So, what do you call someone who (1) wants to re-intermediate a technology whose sole apparent benefit is ''dis''intermediating, and (2) who doesn't trust [[Clearstream]] or Visa, but is prepared to trust a couple of guys in Bulgaria who met on 4chan? | So, what do you call someone who (1) wants to re-intermediate a technology whose sole apparent benefit is ''dis''intermediating, and (2) who doesn't trust [[Clearstream]] or Visa, but is prepared to trust a couple of guys in Bulgaria who met on 4chan? | ||
Revision as of 08:58, 9 November 2019
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One of those beautiful logical oxymorons, blockchain as a service — "B.S." to those of us who admire it at least for its staggering chutzpah — as the instant solution for those who, one one hand, so distrust financial intermediaries that they would cast operation of their ledger into monstrously slow, infiexible and environment-massacring gears of a blockchain but, on the other, so lack resources or expertise in distributed ledger technology, that they will hand the entire implementation over to a random startup, who will charge them handsomely, and in perpetuity, for providing an open-source software solution.
So, what do you call someone who (1) wants to re-intermediate a technology whose sole apparent benefit is disintermediating, and (2) who doesn't trust Clearstream or Visa, but is prepared to trust a couple of guys in Bulgaria who met on 4chan?
Hopefully not "your Chief Technology Officer".