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RE: @ned's Vision And Why STEEM Will Continue To Lead Other Blockchains
It's not annoying at all, I've said it before, but there is a lot of negativity here and your constant enthusiasm and positivity about the future in general but specifically of the platform we love is exciting and uplifting.
One thing that I can't quite get straight in my head is the transparency of the Steem Blockchain. I love that we can see everyone's wallets and their transaction history, I think transparency is very important.... but how would this work for a business? Surely no business wants to put its data in a place where anyone can see that data. I was trying to think up commercial applications for Steem with my partner last night, and kept drawing blanks with the data/privacy situation. Am I missing something?
How is this any different than a publicly traded company.? They have to report their numbers and have them audited.
What is the difference if people know now much you sell? Unlike a public company, they won't know your profit which isnt registered on here.
We are conditioned that money and what we earn is so secretive. However, we are seeing that change. People know what each of us has in the wallet so there is no hiding your worth (at least in terms of SP).
As the Age of Abundance enters, I think people's focus upon money in the same manner will change. It will be like so what if you have $3M, so does everyone. We will be less enamored with how much one earns or makes because it is no longer scarce.
Do you look at a person and think about how much oxygen they breathe in each day? It is a non issue because it is abundant.
Or do you remember when people were enamored about the record (or CD) collection one amassed? Now, who cares, I get 40 million songs on Pandora. Music is abundant.
Hi TM,
Sorry, I didn't explain myself clearly. .. I was talking about a company using the Steem Blockchain for its processing and day to day operations... isn't that what Ned's vision is about?
If a mechanic wanted to use Steem to process repair orders, he wouldn't need to purchase any software... but he'd probably have to put the details of the order; customer name, car registration, customer address on the Blockchain... this is the piece I'm trying to get clear in my head.
Ah ok....now I see what you are saying.
Two things come to mind on that.
The first is the supply chain industry is working on that. They are embracing blockchain but suppliers do not want others to know what they are doing...hence they are working on ways to keep certain info private.
Another thing is to only put part of the data on the blockchain and the rest in a private database. Like Steemit, the text goes on the blockchain but pictures are uploaded to an AWS (I believe) server. You could do the same thing with data.
Aha! Okay, so that's the bit I need to start learning about... integrated databases... I'm trying to get it clear in my head so I can create a roadmap of things to learn so I can place myself in a useful spot to help develop and implement Ned's vision.
Thank you very much.
P.S) You'll be pleased to know my VP is at 91%. I should hit 100% today... which will be the first time since my very first day. From tomorrow I'm implementing a voting plan that should have my VP replenish each night to 100 while I'm sleeping.