{ "media_type": "text", "post_content": "What is the use case for any crypto project (and summarily the coin) when it can eventually be absorbed or done better by a corporation? Think VET vs IBM", "post_id": "5b6bc66aca6ca10014e2fc55", "reply_count": 3, "vote_count": 0, "bowl_id": "58f9471ab298570010451a0a", "bowl_name": "Everything crypto" }

What is the use case for any crypto project (and summarily the coin) when it can eventually be absorbed or done better by a corporation? Think VET vs IBM

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Decentralization. Also I question your hypothesis.

If the corporation internally owns the input of information on to its blockchain, there is no difference between that and ERP systems

But I think companies like IBM can build blockchains for governments that would meet auditing/transparency reqs (ie for FDA), and also build out cross-industry blockchains ie for logistics tracking. I guess it limits decentralization if the tech is built from one source but aren’t a lot of projects like (EOS comes to mind) more or less centrally controlled anyways?

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