Distributed Ledger without the Blockchain
Blockchain seems like a brilliant solution when multiple anonymous untrustworthy parties need to get together and agree.<p>But to the point of this article, most situations aren&#x27;t like that.  You have identities, contracts, and trust at least as much as can be enforced with the legal system.<p>I have also seen a lot of over-application of blockchain to &quot;standard&quot; banking problems.  I guess it&#x27;s real value will depend on whether or not it&#x27;s successful in &quot;decentralizing all of the things&quot;.   If that doesn&#x27;t happen, then it may just be a very cumbersome way of doing something we already knew how to do.