Exactly where does a mutable blockchain fit in the financial ecosystem?
I’m intrigued to see the use case, due to be announced by Accenture tomorrow, that would mean that a mutable ‘Blockchain’ within a private permissioned system is anything but.
Of course, I could be wrong – but this does seem a strange interpretation of Blockchain as used for financial institutions. Part of the beauty is being able to track back through transaction history to see what actually happened. See – I’m not saying that fat-finger trading doesn’t happen – but by admitting it does happen and recording the reversal in a later block you end up with more transparency in the process.