Blockchain beyond bitcoin etc. - Who is mining?
Blockchain beyond bitcoin etc. - Who is mining? People are praising the blockchain for use in all kinds of environments where a secure transaction history is required, e.g. logistics etc. My question: Let's say someone sets up a blockchain for logistics transactions - what would be the incentive to provide the proof-of-work, i.e. to mine? In the Bitcoin blockchain, I receive bitcoins as a reward. But wouldn't a similar kind of reward be required for my non-bitcoin blockchain to work in real life? If this is the wrong community, please point me to one that is better suited. Also, my question is based on my current understanding of the blockchain technology, so please also let me know if the question does not compute. http://ift.tt/2AahXmn