Maria Konner
1 min readMar 14, 2019

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“The Borderless Nature of Blockchains” seems to imply one of the primary use cases. There is definitely opportunities for blockchain but one needs to be careful and understand the best use cases and not just the technology.

For example a regular credit card is better than bitcoin for most regular transactions-with bitcoin, have fun getting your money back if your product or service is unsatisfactory. Bitcoin is also not good for a transaction that must be approved quickly as it takes 15+minutes. But it’s good for avoiding international charges and cases where you don’t want to be tracked (drugs, taxes, etc) and you can afford to wait 15+ minutes (eg online vs POS retail).

In supply chain, a blockchain is best for a distributed set of suppliers, whereas if there is an agreed upon central authority, a more traditional cloud/database may be better.

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Maria Konner
Maria Konner

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