Blockchain as a service

From The Jolly Contrarian
Revision as of 08:54, 9 November 2019 by Amwelladmin (talk | contribs) (Created page with "{{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 insta...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


Index — Click the ᐅ to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

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".