Ever since the word “bitcoin” wormed its way into the mainstream, people have been obsessed with putting things “on the blockchain.” There’s an army of crypto influencers and snake oil peddlers out there dedicated to promoting this stuff: real estate on the blockchain, social media on the blockchain, Soundcloud rap on the blockchain.
It makes sense, in a way – smart contracts let you put any sort of computer program on the blockchain, and shiny new tech can be an attractive angle for investors. But how much of the tech we already use today really needs a crypto component?
This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.
Continue reading: https://www.nasdaq.com/articles/not-everything-needs-to-be-on-the-blockchain
It makes sense, in a way – smart contracts let you put any sort of computer program on the blockchain, and shiny new tech can be an attractive angle for investors. But how much of the tech we already use today really needs a crypto component?
This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.
Continue reading: https://www.nasdaq.com/articles/not-everything-needs-to-be-on-the-blockchain
