[LINK] Blockchain's time is nearly up

Tom Worthington tom.worthington at tomw.net.au
Mon Feb 18 08:46:32 AEDT 2019

On 16/2/19 10:11 pm, Roger Clarke wrote:

> The blockchain ... is mystical. It is promoted by means of invocation
> of ideas in good standing that have very tenuous connections with the
> notion and the technology. ...

You could say the same about "Linux", "The Internet" and "The Web". But 
these crazy ideas turned out to be useful.

As Steve Wilson points out, a Blockchain is not about trust: it is
about doing business with people you *don't trust*. That is not a flaw,
that is the point.

Blockchain has been hyped, not helped by its connection to Bitcoin and
the Silk Road. But then I remember we had to explain to a Senate
committee that the Internet was not just for distributing

Blockchain could be useful for some applications, but just some.

ps: I am a member of the ACS Blockchain Technical committee. Some recent 
reports released by ACS touching on Blockchain:

* Blockchain Innovation, by IP Australia, 2018 URL 

* Australia’s Digital Pulse: Driving Australia’s international ICT 
competitiveness and digital growth, Deloitte Access Economics, 2018 UTL 

Tom Worthington, MEd FHEA FACS CP http://www.tomw.net.au +61(0)419496150
TomW Communications Pty Ltd. PO Box 13, Belconnen ACT 2617, Australia
Liability limited by a scheme approved under Prof. Standards Legislation

Honorary Lecturer, Computer Science, Australian National University

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