top | item 17640937

(no title)

greggman | 7 years ago

How does block chain solve this problem any more than a plain old text file with your medical history?

IIUC the only thing keeping bitcoin's blockchain trustworthy is millions of people mining new coins and therefore distributively verifying the blockchain. Who would be doing that for your medical records and what would their incentive be to do it?

discuss

order

ghthor|7 years ago

You need that text file signed by your previous doctors, and your new doctor needs to be able to verify the public keys of your previous doctors using some type of PKI. You also need to locally manage your health records data, its storage can't be easily automated and paid for. Blockchain solves all of those problems in one nice bundle, it provides PKI, signed log of changes, and distributed automated storage. That's one hell of a feature set.

greggman|7 years ago

As far as I understand the point is supposed to be the blockchain is distributed trust. The longest chain = proof of most work = the truth. The only reason someone can't basically change the entire history of the blockchain is because no one has 51% control of the chain. The only reason no one has 51% control of the chain in bitcoin is because so many people are mining it to earn coins.

But, for medical records there is no such incentive. Therefore anyone can easily change the records or add new ones and claim everyone else who has a shorter chain has the wrong chain (which will be like no one since there is no incentive to mine).

So I'm probably just informed how blockchain is supposed to help here. Without the distributed trust there's no plus to blockchain. And without the incentive to mine that generates millions of miners there is way to have the distributed trust.

I'm happy to be wrong but I haven't see an explanation how this issue is solved for all these non virtual currency uses cases.

arisAlexis|7 years ago

you can also send messages with pigeons, why use internet and whatsapp at all?