/biz/ - Business & Finance

>>10908052
LMFAO

IMAGINE ACTUALLY BELIEVING THIS SCAM

>>10908059
kys

>>10908052
Where does it state SmartContract.com is a member of the GLBC?

>>10908067

>>10908072
Yeah it's not. Op should rectify.
But it was mentioned on a slide during their launch alongside accord, openlaw and monax. Most of these firms will be using link indirectly.

>>10908214
those firms are fake

prove me wrong

>>10908221
Burden of proof is on you, selfieposter.

>>10908371
>defending a russian scam

>>10908059
kek, this. What the fuck linkies are absolutly retarded

>>10908059
Hey there again Mr "multiple posting."

>>10908411

>>10908387
1k suicides EOY anyone?
Don't forget that there are no provable connections between ChainLink and SmartContract either.
Linkies are so fucked.

>Official partnerships
literal nobodies
>Unofficial connections
AKA nonexistant connections

>>10908059
>>10908083
>>10908221
>>10908380
>>10908449
>t. obvioius link holder

>>10908496
Ehm smartcontract.com?
Retard

It's impossible to guarantee the absolute finality of importing real world data in a tamper proof manner. For real world data to digital data, one can only shift the trust factor from A to B, B to C and so on. At the end of the day, no matter how many times you move that trust factor, the weakness in social architecture will still be present.

Blockchain solves trust minimisation best in a digital environment. Wherever there is a human involve, it is no longer a computer science problem, but rather a social science problem. It is a hurdle you cant remove with computer science effort. At best, you are only able to replace one big hurdle with multiple smaller hurdles further away from sight. Social science problem can only be countered by laws that can alter the physical state of a human being works.

No one is attacking the importance of importing real world data, why make a big deal out of it.
What blockchain solves is the weakness and inefficiency in the cureent system lies in the transfer of that data when it reaches a digital environment, because digital copies can be replicated. Banks trust whatever info the federal reserve feeds them, but they dont trust each other

cont.

Stock brokers and clearing houses trusts whatever info Apple feed them, but they dont trust each other.

See the problem here?

When the day banks cant trust the federal reserve or the government, we have a much bigger problem - a social problem like hyperinflation, society collapse, which by that time, no businesses would even bother to continue operating in that jurisdiction, it is not a computer science problem.

Sergei gave an example of importing the Libor exchange rate. Good. But do you remember what causes the the Libor scandal?

It's not that the central bank fed inaccurate or wrong or fake data to the banks, it's what the banks did with the data after they received it.

A few big banks manipulate the rate within each other to give themselves unfair lending credit to other banks including smaller banks.