Blockchains are also great for the verification of digital goods as tangible assets. While I’m not sure we reach this level of meme, people could 100% mint their own house’s deed and trade that as a legit way to buy/sell their house.
I am very carefully avoiding the words “NFT” because they are another horrible use-case of a blockchain (and a prime example of how capitalists turn a good tech into something stupid for a quick buck), but this would theoretically be a tokenized-security with a 1:1 to the actual deed to the house.
Is that more secure than the normal process of buying a house? Do you really need it to be external to a 3rd party when the transfer of homes already exists? No not really lol, hence why we probably see it the most in highly regulated industries like biotech and finance first.
HIPPA/Securities-laws (or lack-thereof) will require a tough regulatory framework that “could” realistically be done via a 3rd party, but you have to ask yourself if you trust big-pharma and wallstreet enough to regulate themselves like that.
Edit: Looked up and saw c/lemmyshitpost, maybe I’m spending too much time elucidating a response on a meme thread but this is my take on the tech.
I understand blockchain as a concept, and kind of hownit plays into cryptocurrency, but understanding a true example of blockchain use outside of finances is something I needed more info on, thank you
I just wrote out another comment, and I think I kinda figured out my core question, but, is there a way to save my medical information without doxxing myself, if this is supposed to be like, a public database, you know, if that’s kinda the point, is that everyone can look at everyone else’s stuff? I got the impression that a lot of the current blockchain stuff wasn’t capable of the necessary levels of storage that would be required for like, health records, on their own.
I dunno, maybe you could have some situation where you have a key, that opens up some cryptography on the blockchain, and that blockchain piece when unlocked gives you another key that lets you access your medical records, or something like that, and that might be able to fit. But, then, I don’t really see how that’s any different from just having like, the key to the person’s medical records be contingent on person. Like biometric security, or government ID, or something.
Point out wherever I’ve made wrong assumptions here, I’m just kind of talking out my ass, and hoping that I’m correct inso that the conversation can continue and I can scrape more out of it, I don’t really expect to be right.
Blockchain technology can improve health care services in a decentralized, tamper-proof, transparent, and secure manner.
This can also be used for research institutes to be able to research with each others’ findings.
Here is a paper on the topic: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8555946/
Blockchains are also great for the verification of digital goods as tangible assets. While I’m not sure we reach this level of meme, people could 100% mint their own house’s deed and trade that as a legit way to buy/sell their house.
I am very carefully avoiding the words “NFT” because they are another horrible use-case of a blockchain (and a prime example of how capitalists turn a good tech into something stupid for a quick buck), but this would theoretically be a tokenized-security with a 1:1 to the actual deed to the house.
Is that more secure than the normal process of buying a house? Do you really need it to be external to a 3rd party when the transfer of homes already exists? No not really lol, hence why we probably see it the most in highly regulated industries like biotech and finance first.
HIPPA/Securities-laws (or lack-thereof) will require a tough regulatory framework that “could” realistically be done via a 3rd party, but you have to ask yourself if you trust big-pharma and wallstreet enough to regulate themselves like that.
Edit: Looked up and saw c/lemmyshitpost, maybe I’m spending too much time elucidating a response on a meme thread but this is my take on the tech.
No no, thank you for this.
I understand blockchain as a concept, and kind of hownit plays into cryptocurrency, but understanding a true example of blockchain use outside of finances is something I needed more info on, thank you
I just wrote out another comment, and I think I kinda figured out my core question, but, is there a way to save my medical information without doxxing myself, if this is supposed to be like, a public database, you know, if that’s kinda the point, is that everyone can look at everyone else’s stuff? I got the impression that a lot of the current blockchain stuff wasn’t capable of the necessary levels of storage that would be required for like, health records, on their own.
I dunno, maybe you could have some situation where you have a key, that opens up some cryptography on the blockchain, and that blockchain piece when unlocked gives you another key that lets you access your medical records, or something like that, and that might be able to fit. But, then, I don’t really see how that’s any different from just having like, the key to the person’s medical records be contingent on person. Like biometric security, or government ID, or something.
Point out wherever I’ve made wrong assumptions here, I’m just kind of talking out my ass, and hoping that I’m correct inso that the conversation can continue and I can scrape more out of it, I don’t really expect to be right.
https://medium.com/@emilpepil/medical-system-with-zero-knowledge-7fb4441d6d47