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snomad | 4 years ago

A great use case would be data collected in the process of complying with general govt regulations.

Why this is better than central DB: Allows govt to outsource IT Public interest in the data will result in 3rd party clients being developed It makes that govt data more accesible for all parties - no gatekeeping

Use case examples All modern houses have a ton of compliance docs - window installers, insulation installers, HVAC, etc. Recording that data on the public blockchain provides a universal storage mechanism and API to that data. There is no reason for that data to be private / behind gatekeepers and a whole range of stakeholders - home builders, academics, environmentalist - want access.

Tracking highway per mile marker. Similar to the home building example - the govt collects a whole bunch of data (accidents, pollution run off and constituents, expenses). Many entities could use that data and relying on all govts worldwide to provide it seems cumbersome to unlikely.

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la6471|4 years ago

It’s just about making the APIs public isn’t it? Data producers today follow AuthN protocols to update a database. An API makes it public or private(apikey). Where and how cryptocurrency/blockchain is useful in this use case . I just don’t understand.