Yesterday, Rene Jan Veldwijk posted a blockchain decision flowchart he had previously used in a presentation.
As it deserves wider visibility and bridges nicely between the DHS/NIST blockchain flow chart and the data life-cycle, I decided to put it online (Rene Jan Veldwijk: “Kein Problem. Aber bitte mit Zitat”).
I find it great and I hope you enjoy it as well.
Added 2022-10-21: A (dutch) article by Rene Jan Veldwijk explaining the chart is online: «Blockchain debunked 4: Afrekenen met een leugen»
Blockchain ecosystem
More posts in the blockchain ecosystem here, with the latest here:
- NFTs are unethical
As an avid reader, you know my arguments that neither NFT nor smart contracts live up to their promises, and that the blockchain underneath is also more fragile and has a worse cost-benefit ratio than most believe. Similarly, I also claim the same for the metaverses built on top of them all. And that the … Read more - Inefficiency is bliss (sometimes)
Bureaucracy and inefficiency are frowned upon, often rightly so. But they also have their good sides: Properly applied, they ensure reliability and legal certainty. Blockchain disciples want to “improve” bureaucracy-ridden processes, but achieve the opposite. Two examples: - The FTX crypto exchange and its spider web
Yesterday, the U.S. Securities and Exchange Commission (SEC) released its indictment against Sam Bankman-Fried. It details the financial entanglements of FTX, Alameda Research and more than a hundred other companies and individuals. We have tried to disentangle these allegations somewhat for you. - Web3 for data preservation? (Or is it just another expensive P2P?)
Drew Austin raises an important question in Wired: How should we deal with our accumulated personal data? How can we get from randomly hoarding to selection and preservation? And why does his proposed solution of Web3 not work out? A few analytical thoughts. - Rejuvenation for Pro Senectute through NFT and Metaverse?
Pro Senectute beider Basel, a foundation to help the elderly around Basel, launched its NFT project last week and already informed about its Metaverse commitment beforehand. According to a media release, Michael Harr, managing director of the 15-million Basel-based company, wants to use the purchase of these “properties” in a “central location” in two online … Read more - What is an NFT, behind the scenes?
“NFT” is currently on everyone’s lips again, and not only because of Pro Senectute. But what is actually behind the full-bodied promises of the NFT advocates? For more insights on NFTs and the entire blockchain ecosystem, click here. You can also read this text in German 🇩🇪. “NFT” stands for “Non-Fungible Token” and is being … Read more
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