this post was submitted on 04 Aug 2024
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Just gonna copy/paste this from someone else's comment in this thread: https://www.reuters.com/technology/california-dmv-puts-42-million-car-titles-blockchain-fight-fraud-2024-07-30/
So... whoops. That didn't take long, huh?
Every time one of these articles is posted, I predict a very very short investigation into the technical workings of the project will find that the same could’ve been done with a much simpler central database. Or, that they were actually using a database at the backend and wasting their whole crypto approach.
And we all know technology never changes or improves over time. Good catch.
Technology absolutely improves.
But blockchain is worse. And it's not close.