Blockchain: What is it good for?

Technology Untangled

Hewlett Packard Enterprise

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5.0 • 69 Ratings

🗓️ 15 June 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thanks to the perfect storm of slow news cycles, big marketing budgets, and Elon Musk's tweets, blockchain has been hyped beyond belief... and it's also been made way more complicated than it needs to be. So, what's blockchain actually good for?!

Transcript

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0:00.0	Since its inception in 2008, blockchain has been touted as the future of money.
0:07.7	The answer to sustainability problems, the toughest tool in the security arsenal.
0:13.1	But critics think that almost every use case for blockchain can be achieved through easier and cheaper means.
0:20.9	Some people believe in blockchain and really think it will change the IT.
0:26.6	And other people say it's exactly the opposite.
0:31.6	It won't change anything.
0:33.6	It doesn't add any real value to it.
0:36.6	I believe it will grow tremendously if there's a need
0:41.0	for these features. You know, blockchain is not the answer for every use case.
0:52.3	In today's episode, we investigate the blockiest of all the chains, the most distributed
0:58.4	of all the ledgers, that is blockchain.
1:02.2	We find out what gets some people so excited about what, to me at least, just looks like a
1:07.6	flashy database, why so many organisations,
1:11.4	blockchain projects never make it past the planning stage,
1:14.7	and who is the mysterious creator of blockchain?
1:20.5	Okay, we don't manage that last one.
1:22.9	Some of that and so much more.
1:25.2	I'm Michael Bird, and this is Technology Untangled.
1:42.6	Thanks to the perfect storm of slow new cycles, big marketing budgets and Elon Musk's tweets,
1:49.6	blockchain has been hyped beyond belief.
1:53.5	And it's also been made way more complicated than it needs to be.
1:58.4	To find out more, I called up Englim Go.
	...

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