Ten years in, nobody has come up with a use for blockchain
Some big banks are gearing up to use a blockchain to track interbank settlements.[1] But this isn't a coin, nor is there mining. It's simply a shared ledger that can't be altered without cooperation between a majority of the parties. All alterations are clearly visible to all parties, which is good for auditing. Only big banks who have signed up for this have active nodes, and they are not anonymous.<p>This is an alternative to setting up a neutral party for the purpose, such as the Bank for International Settlements or Depository Trust Corporation. Those organizations are expensive to run. It's a real shared ledger, but it's no more than that.<p>[1] <a href="https://www.reuters.com/article/us-blockchain-banks/six-big-banks-join-blockchain-digital-cash-settlement-project-idUSKCN1BB0UA" rel="nofollow">https://www.reuters.com/article/us-blockchain-banks/six-big-...</a>