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Are there good uses for the blockchain? (lemmy.world)

submitted 1 week ago by [email protected] to c/[email protected]

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Please don't auto downvote before reading.

A little bit ago some asked a question about why the hate of the blockchain, and that got me thinking if there even was a legitimate use case where the blockchain would be beneficial, but I couldn't think of one outside maybe some sort of decentralized bank, but before I knew I was thinking it would instantly turn into some crypto scheme and strapped it, because crypto currencies are a scam on every level -- and no they aren't private or secret as some think either.

So I wanted to ask the community. Instead of using the blockchain for crypto, is there a better use where the blockchain could benefit society?

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[–] [email protected] 1 points 1 week ago

The only counterpoint I can think of is that the distributed ledger is much harder to fuck with than a physical or digital archive with a couple backups.