Practice · 2017–2023 · Platform Wars
Blockchain for CRUD
Distributed consensus for problems that needed a database and an audit log.
Why Blockchain for CRUD became a costly fad
Blockchain-for-CRUD failed because immutable ledgers fight GDPR, throughput, and basic product iteration. Tokens incentivized demos, not maintainers. Postgres plus an audit table wins every time the CFO asks why.
Cost of the fad
What Blockchain for CRUD cost
Enterprises funded "innovation labs" to put loyalty points and supply-chain spreadsheets on ledgers. Most pilots ended as slide decks; the gas fees and audits did not.
Case studies
Patterns
