So there's intractable problems emerging in the tech industry until we figure out how to get

cooperative system building down.

Good evening.

I'm Mark Hoxton, and this is late confirmation from Coin Desk for Tuesday, September 25th.

This is part two of our special episode from the Concordia Summit in New York, an annual conference that takes

place alongside the United Nations General Assembly with a heavy focus this year on blockchain.

I've had the pleasure of interviewing several influential people from the blockchain space

at this conference. And today, we're going to tackle a question that some listeners

may feel is settled, but many others will still want to hear addressed. Namely, why a

blockchain? Blockchains are useful, no doubt, but for what? Definitely for creating censorship-resistant

digital currency systems that allow strangers on the internet who don't trust each other to transact.

But as we've seen with Bitcoin and Ethereum, while these networks may be robust, they aren't in practice always efficient, fast, or cheap.

And they're certainly not easy to scale.

So why use a blockchain for anything else, particularly if you're at a corporation?

Why are these distributed systems any better than a good old centralized SQL database?

We'll find out what the leading lights of the industry have to say in response

to this eminently fair, if not exactly brand new, question. But first, a word from our sponsor.

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