Please don’t auto downvote before reading.
A little bit ago some asked a question about why the hate of the blockchain, and that got me thinking if there even was a legitimate use case where the blockchain would be beneficial, but I couldn’t think of one outside maybe some sort of decentralized bank, but before I knew I was thinking it would instantly turn into some crypto scheme and strapped it, because crypto currencies are a scam on every level – and no they aren’t private or secret as some think either.
So I wanted to ask the community. Instead of using the blockchain for crypto, is there a better use where the blockchain could benefit society?
It’s not even good as a bank. On the other thread you mentioned I commented that blockchain is an immutable ledger visible to everyone. That is a nightmare for privacy reasons.
Audit logs is genuinely the only application I see it may be good for, but we have other systems that have a smaller environmental and technical impact making them a better fit than blockchain.