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Does Supply Chain Know What a Blockchain Is? (lewiscampbell.tech)
1 point by LAC-Tech on Nov 15, 2023 | hide | past | favorite | 2 comments


I completely agree. As the leader of OpenDSU technology, which is used for creating supply chain software and blockchain for businesses, we've seen some success. But a big problem is that many people from large companies don't fully understand how to use blockchain correctly. They come from different backgrounds and often mix up ideas in confusing ways. It's hard for them to quickly grasp that blockchain is for securing data, not for storing it, and the advanced cryptography and off-chain storage concepts are often beyond their immediate understanding.

Indeed, large-scale enterprise solutions like Hyperledger Fabric have made strides in bridging the gap between traditional databases and blockchain technology, finding some success. However, these solutions tend to be more effective when tailored for a few large companies. They often fall short in achieving true decentralization, especially when the network expands to include multiple partners or smaller players. A key limitation lies in their approach to data sharing. Many such solutions rely heavily on APIs, where blockchain is used more as a backend database or coupled with off-chain storage without adequate control from the on-chain component. This can lead to solutions that are questionable or even flawed in their implementation and application of blockchain security value proposal...


> blockchain is for securing data, not for storing it

Hmm that cuts to the core of it! The supply chain world thinks blockchain is a shared database, not knowing how old shared databases are.

Looking at OpenDSU now. Would be good to connect, there's a contact link on my site.




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