[LINK] How long does bleeding obviousness take?

Roger Clarke Roger.Clarke at xamax.com.au
Tue Mar 26 07:24:35 AEDT 2019


ANZ rips apart blockchain, catalogues its big list of non-uses
Julian Bajkowski
itNews
Mar 25 2019
https://www.itnews.com.au/news/anz-rips-apart-blockchain-catalogues-its-big-list-of-non-uses-522872

>One of Australia’s Big Four banks, ANZ, says it’s run ruler over the 
supposedly transformative technology and, to put it mildly, it’s neither 
impressed or convinced of the promise of a revolution in trusted 
transactions is just around the corner.
...
> ... while blockchain has real and demonstrable benefits in specific 
situation many projects or problems “do not necessarily need it and are 
better off using existing good old databases and technology solutions.”

Pity the ANZ monitors neither Steve Wilson's blog nor posts to link, 
because they'd have had chapter and verse, gratis, a while back:

In mid-2016:
Steve: 
http://theconversation.com/blockchain-really-only-does-one-thing-well-62668
Roger:  http://www.rogerclarke.com/EC/BCD.html

Maybe they waited for NIST to catch up, which took until Oct 2018:
https://www.itnews.com.au/news/dont-bother-with-blockchain-databases-or-even-email-could-be-better-513814


-- 
Roger Clarke                            mailto:Roger.Clarke at xamax.com.au
T: +61 2 6288 6916   http://www.xamax.com.au  http://www.rogerclarke.com

Xamax Consultancy Pty Ltd      78 Sidaway St, Chapman ACT 2611 AUSTRALIA
Visiting Professor in the Faculty of Law            University of N.S.W.
Visiting Professor in Computer Science    Australian National University



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