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Showing posts from April, 2018

More clickbait blockchain nonsense articles

I read an article today on wine, alcohol and supply chain and rolled my eyes. 
Things like "…that solution is blockchain…Big companies like Walmart and large grocery stores are already using blockchain to manage supply chain management especially when it comes to food. "No, no they really aren't. Most of these big companies are actually full of it. They were full of it in the early big data and hadoop days.  They are full of it with the AI and machine learning and data science marketing pitches.  And they are definitely full of it when it comes to blockchain. Many do test.  Many don't have the time, resources or care.  And many don't even like new potentially disruptive Technologies.  Ever.  Decentralized blockchain?  Yeah Wal-Mart and Amazon and the big banks are all for that.  Not.  They are more for testing private permissioned centralized blockchains. And really there is some need for a system that doesn't give all the transaction information to the worl…

Help or more dystopian government control ?

Austin , Texas is piloting a program for putting the homeless population on the blockchain. Sounds great and great for society in general. There are some others around the globe attempting something similar.  There is a huge need for poor people and affordable housing as well as homelessness in many many cities and rural areas.     But will this be a program to help the homeless or a pseudo subtle attempt to control and know everything about everything and everyone by government agencies and corporations ?   I used to think a blockchain ID system was the perfect use case for many verticals and industries.  Now it's starting to look like another attempt at control by your typical governments and mega corporations.  Will it help the homeless or just be another tool to control more people?

Problem with blockchain and cryptocurrency

The underlying Technology behind blockchain and cryptocurrencies has phenomenal possibilities.  Even using  things like tangles and DAG graph theory (Hashgraph and IOTA in a sense) can change logistics and IOT.   The problem is it's a bunch of fake news. Hype nonsense.  Faux advisors who are snake oil salesmen and sales women with a fancy suit and nice story, not much else.  Decentralized and disruption?  Not really, it's worse than the dot com and COBOL 1999 ending the world nonsense.  It's clickbait and paid shills on all the media websites. It's great  peer reviews but no real world use case. Or private investors like Goldman Sachs under some other name pumping money into a 'decentralized' company.  The problem with Ethereum is it's not even decentralized. Most of these blockchains and cryptocurrencies and platforms are not.  Add the ICO and crowd funding and crowd building and crowd marketing nature and it's a lot of wanna be Steve Jobs and Elon Mus…