Why would you want to use blockchain to build a database solution? And how would you actually do that? BigchainDB has answers.

First Wall Street, then the database world. While most people are still trying to wrap their heads around blockchain and its difference from Bitcoin, others are using it in a wide range of domains. Is it hype, a case of having a hammer and seeing problems as nails, or could blockchain actually have a purpose in the database world?

BigchainDB‘s creators argue there is a reason, and a way, for blockchain and databases to live happily ever after.

Blockchain was introduced by Bitcoin, which despite its oft discussed issues has illustrated a novel set of benefits: decentralized control, where “no one” owns or controls the network; immutability, where written data is “forever” tamper-resistant; and the ability to create and transfer assets on the network, without reliance on a central entity.

The initial excitement surrounding Bitcoin stemmed from its use as a token of value, for example as an alternative to government-issued currencies. Now the separation between Bitcoin and the underlying blockchain technology is getting better understood, the scope of the technology itself and its applications are being extended.

Read the full article on ZDNet