It’s distributed so no single entity can take it down. Among many other possible benefits depending on architecture and infrastructure.
It’s far more complex than coins and NFTs. Blockchain is like a new internet. Coins and NFTs are like those shitty GIFs you used to see everywhere. Evocative of old internet, but not the internet itself.
Distributed databases have existed for decades. It’s how large healthcare systems maintain electronic health records for their patients across dozens of hospitals in real time.
It’s distributed so no single entity can take it down. Among many other possible benefits depending on architecture and infrastructure.
It’s far more complex than coins and NFTs. Blockchain is like a new internet. Coins and NFTs are like those shitty GIFs you used to see everywhere. Evocative of old internet, but not the internet itself.
How is that useful in a bank ledger?
Distributed databases have existed for decades. It’s how large healthcare systems maintain electronic health records for their patients across dozens of hospitals in real time.