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Step-by-Step Guide to Creating an AWS RDS Database Instance

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 Amazon Relational Database Service (AWS RDS) makes it easy to set up, operate, and scale a relational database in the cloud. Instead of managing servers, patching OS, and handling backups manually, AWS RDS takes care of the heavy lifting so you can focus on building applications and data pipelines. In this blog, we’ll walk through how to create an AWS RDS instance , key configuration choices, and best practices you should follow in real-world projects. What is AWS RDS? AWS RDS is a managed database service that supports popular relational engines such as: Amazon Aurora (MySQL / PostgreSQL compatible) MySQL PostgreSQL MariaDB Oracle SQL Server With RDS, AWS manages: Database provisioning Automated backups Software patching High availability (Multi-AZ) Monitoring and scaling Prerequisites Before creating an RDS instance, make sure you have: An active AWS account Proper IAM permissions (RDS, EC2, VPC) A basic understanding of: ...

4 Must read Blockchain Disadvantages for Consumers

Here are the disadvantages of Blockchain. Below, you will find the list of these.

Blockchain Disadvantages

  1. Lack of privacy
  2. Loss of personal responsibility
  3. Loss of jobs
  4. Reintermediation

1. Lack of Privacy



Public blockchains do not hide any of their data. Instead, everyone can read the complete history of transactions. This level of transparency is frightening for those who want to protect their privacy.

These concerns are understandable when considering the level at which personal data are already collected and utilized by large corporations or intelligence agencies.




2. Loss of Responsibility



Loss of personal responsibility is often considered a consequence of disintermediation. Intermediaries not only bring different parties of a contract together but may also provide guarantees. They offer reconciliation in cases when transactions do not work out as intended, and they are also obliged to take responsibility for their actions.

The shift from trust in people and human organizations to trust in protocols and technology may lead to a loss of personal service and personal responsibility.




Disadvantages
Disadvantages



3. Loss of Jobs


Automation and standardization play a profound cause to lose many jobs. Third parties, such as banks, brokers, custodians, money-transfer agencies, and notaries directly tied to their roles as intermediaries.

All these jobs could be at risk when a sea portion of financial transactions automated by using Blockchain technology.

 


4. Reintermediation


The complexity and its open legal status discourage individuals and organizations from using Blockchain technology.

If people prefer third-party services instead of using Blockchain technology, it surely hurdles the real usage.


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