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rohamg | 5 years ago

That said there are many examples of blockchain being useful in smaller settings, e.g.:

> "Last June, 10 of the world’s largest pharmaceutical companies – including Johnson & Johnson, AstraZeneca and GlaxoSmithKline – announced they would pool data for an AI-based search for new antibiotics, which are urgently needed as antibiotic-resistant bacteria have proliferated across the world, threatening the growth of untreatable disease. > That historic agreement was made possible by the development of a secure, blockchain-based system that allows an algorithm to search rival companies’ data with full traceability – but without revealing commercial secrets to competitors. The advantage of using blockchain is that companies can trust the code rather than their partners." [1]

[1] https://www.theguardian.com/commentisfree/2020/apr/02/corona...

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louwrentius|5 years ago

Interesting, but not enough information to really understand the context and to determine if that could have been done with regular tech.