Blockchain as a service

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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".

See also

• Software as a service
• Blockchain
• Snake oil