Hacker News Reader

Nope, that's entirely for PR reasons. For some reason "blockchain" is still hype. Does it even matter there's a blockchain if it's centralised at a single party?

Central banks are looking in digital currencies (the so called CBDC), but blockchain is completely useless for that.

View on HN

It makes the most sense when you're managing liquidity between multiple parties. I bet it would still be a logical next step if they couldn't get a PR boost off the hype.

If you have a group that has a trusted party (even if said party is one of the group, or a new group made from the group itself), that party can just run a bog-standard database and there's no need for a blockchain.

Of course, it’s an architecture decision. They do different things and different considerations may lead you to one or the other.

Reply on news.ycombinator.com