Blockchain & Machine learning - page 2.

bob123

legendary

Activity: 1624

Merit: 2481

Quote from: aliashraf on August 22, 2019, 08:58:17 AM

Blockchain is a cryptocurrency specific technology, one might have thoughts about using better data structures for this purpose but the opposite side is absurd: There is no other serious application for blockchain.

There are multiple real word applications for a blockchain besides cryptocurrencies. Crypto's are just one of a lot applications.
It can be used wherever a trustless decentralized storage is desired.

Some applications would be:

Supply chain
Digital Identity
Data management between organizations
Patient chart
IoT
Real Estate

Quote from: aliashraf on August 22, 2019, 08:58:17 AM

There is no "technology" named blockchain. it is just an inefficient messy data structure used in bitcoin, nothing more.

Define efficiency.
Do you have a better approach for a trustless decentralized data storage ?

aliashraf

legendary

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Always remember the cause!

OP,
Blockchain is a cryptocurrency specific technology, one might have thoughts about using better data structures for this purpose but the opposite side is absurd: There is no other serious application for blockchain.

There is no "technology" named blockchain. it is just an inefficient messy data structure used in bitcoin, nothing more.

MaxinDarcy

newbie

Activity: 2

Merit: 0

The concept of "Blockchain" includes not the only cryptocurrency. This is a technology for storing information in a chain of blocks. Each of the blocks contains data on the entire previous chain: it is known what exactly is stored in the previous blocks, who created the information and when it moved it or changed it. All information is duplicated on different computers, possibly in different countries. Thanks to this, it is simply impossible to fake them. Thanks to machine learning, the programmer is not required to write instructions that take into account all possible problems and contain all the solutions. Instead, a computer (or a separate program) is laid out with an algorithm for independently finding solutions through the integrated use of statistical data from which patterns are derived and based on which forecasts are made. Is it possible to combine these two methods? Do you know companies which are developing in this direction?

Topic: Blockchain & Machine learning - page 2. (Read 380 times)