Blockchain as a service: Difference between revisions

no edit summary
No edit summary
No edit summary
Tags: Mobile edit Mobile web edit
Line 1: Line 1:
{{A|g|[[File:Bullshit.jpeg|thumb|center|450px|[[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 people who, one one hand, so distrust financial intermediaries that they would cast the 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]] to do so, that they would hand the entire implementation over to a random startup, who will charge them handsomely, and in perpetuity, to implement an [[open-source software]] solution for them.
{{A|g|[[File:Bullshit.jpeg|thumb|center|450px|[[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 at least its staggering chutzpah — as the instant solution for people who, one one hand, so distrust financial intermediaries that they would cast their ledger into monstrously slow, inflexible and environment-massacring gears of a [[blockchain]] but, on the other, so lack resources or expertise in [[distributed ledger technology]] to do so, that they would hand the entire implementation over to a random startup, who will charge them handsomely, and in perpetuity, to implement an [[open-source software]] solution for them.


If [[blockchain]] itself is to all intents a bust — beyond the sovereign wallet (and, ahhh, discretely financing drug trafficking and terrorism) no-one has come up with a plausible use case yet, in ten years of trying — then combining it with the boneheaded [[rentier]] carry-on of [[software as a service]] is ''essence'' of extra-virgin, first-pressing snake oil.
If [[blockchain]] itself is to all intents a bust — beyond the sovereign wallet (and, ahhh, discretely financing drug trafficking and terrorism) no-one has come up with a plausible use case yet, in ten years of trying — then combining it with the boneheaded [[rentier]] carry-on of [[software as a service]] is ''essence'' of extra-virgin, first-pressing snake oil.