Fair enough though when you talk about failure remember that it is important to remember that all technology also works with the social systems too and that many of those failures are more to do the fact that we have to over time both adapt on both sides too. That has to be considered as well in what a failure is. Is it a failure in the technology or a failure for both the social and technology to mesh.... but yes there are things to be built on and interegrations to be done better.... that is why ecosystems exist afterall

if you want to talk more just dm so we don't bother anyone else. see you around. I may have information to provide you but you are in fact indirectly being less specific about information you are asking for then you realize so naturally I am starting with the basic when it sounds like you don't grasps key elements. Even more different systems will be more or less hyper specific about intersection to some degree and depending on how you can envision a system I may or may not be able to describe how it is done simply because I don't know about the other technology requirements of the system and then how they may work together. That in the end affects aspects of the solution too and how they manifest as well in a design

Oh so you just don't have a general understanding of decentralization or perhaps even mesh technologies. It also isn't transparency versus total lack of transparency and I try to explain this to so many people because it seems like people have an issue imagining a binary that doesn't exist. It is more that the ledger itself interests as a form of transparency around the transactions that are occuring while you can have more protection around the data itself that is being actively transported. You can not get this level of protection with a centralized system because if someone successfully penetrates the centralized system they now have access to your data. With a decentralized system, it is as if there are multiple nodes delegated to different tasks as well as interconnected within a mesh style.
When they disconnect from the network, the network as a whole is still up and if they did any transaction peer to peer off the network when they reconnect to the network, the conceus mechanism will go through the process it needs to do to verify those transactions)done by stacking, mining or in a PoX both). This means even a network that operated its transactions off the internet through peer to peer transaction can then be enabled to be settled within the network through the conseus mechanism when it eventually does reconnect.
Literally all forms of decentralization could be described by "spread the information in more places". Also it is their miners or stacker that are running a cryptographic conseus mechanism to dedicate that energy towards verifying the rest of the network. They are much more facilitating the flowthrough of the network than looking at what exactly is in your data. It is more about conseus of the transactions that occurred within the network

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https://en.wikipedia.org/wiki/Byzantine_fault_tolerance

https://en.wikipedia.org/wiki/Mesh_networking

Also an example of one NASA blockchain project https://ntrs.nasa.gov/citations/20190000022 though naturally they tend to primarily experiment with hyperledger at the moment so using a private ledger, but with similar other aspects. There is some different arguments I would say personally on public versus private ledgers and in fact how you can create networks that fulfill the mix of the needs of both but that it is a whole other story. Be aware though this is likely not one of their priority investigations of course and even at NASA different departments will be unaware of the investigations of others even when it seems like they should be investigating the same aspect. I know this from personal experience and it can be so awkward lol XD but NTRS host a good amount of blockchain relevant project mainly from names. Of course some on NTRS to look out for are those from competitions but most are from ames

Really though as I emphasized earlier, this is more an ecosystem with both its own benefits and difficulties. It isn't solely about a transition to decentralization though for different areas that may come with different benefits. Creating further aspects to facilitate different needs sometimes exactly the same needs in ways we couldn't do before because different interaction do require reformating our system in different ways at times.

And yes, we shouldn't be overly confident in security either, as I emphasized earlier I do believe that account for the human side is very important. In fact that is often my issue with a lot of policies around blockchain which is that they are overly standardized.

Also what you said isn't exactly true about reverting transactions but that can be network dependent. In fact, It can be easier to track transaction on blockchain without indirectly messing up anyone up unlike on the banking network where if someone steal money the people who are along the path also have a high chance of having their money reverted too. In the cases where there has been a direct to reversion, blockchain turned out to be able to be better than the banking systems at it because it didn't put the people along the way at risk as well. Interestingly cases where it is held in a centralized institution rather are an exception though because they are in fact not decentralized and are in fact closer to our centralized banking system funny enough and those have been where the biggest scams are. It isn't perfect though and there is difficulties and that is why we need to make more people understand it too and not overstandardize our regulation, but build off the technology too so that the laws can not be solely based on how the fiancance was done previously or how fiance is done but how the technology works and is likely to develop too to be able to better counter that problem. It goes into this whole thing about pseudoanonymity versus it being coded into the ledger and what that means from a more functional standpoint when we get into situations like that(of course actually it will also have been visible that it was moved too in the code). In addition this also goes into the whole thing about the difference between an architectural technology versus a system on top. Even bitcoin can be viewed as an architectural technology and more complicated systems can and potentially should be built on top with visions of those aspects though their are arguments for why or why not as well as different programs,

Actually I kinda did mention multiple but it seems that you want to get stuck up on viewing this from a financial only perspective. I just am still trying to balance this with a generalized take as well because different space will have different needs and because we shouldn't simplify a technology that is meant to be built on. A technology that you put on your roof is in many ways much more of an end layer solution. Having been in several programs developing things like it, often there are IP it is interconnected with too that are not useless yet are still more relevant for the manufacture than the end layer for example aspects that affect aerogel design and similar aspects.

Also admittedly, part of why I keep it generalized is because I don't want to go into details about every single industry themselves because I already have wall of text. Basically to keep it simple but a desired aspect of the model advanced aerospace is the concept of an airspace that is actively ongoing in our ecosystem around us helping out in emergency systems. In many cases a drone can be communicated by with a centralized network but as the aerospace becomes more and more complex, the benefit towards having a decentralized network is the ability for each unit to much more pass data seemlesly back and forth between each other and act as nodes as part of a greater network. For those who are focused on researching the intercommunication of automation of drone, decentralization is often seen as a natural next step by many NASA scientists I have talked to and those who work on different drone related projects. The first step is of course increasingly mesh networking many devices and interconnecting via that sense creating more FANET devices that can send peer to peer information and creating a mesh network of information that way. Then increasingly the usage of decentralized native technologies like blockchain is in some sense partly to do what you actually criticized them for doing which is do what they were doing before just automating them and doing it on a decentralized public ledger. This may not be important for your project, but it affects how different systems can be built especially when we are talking about systems where there can be a temporary disconnect of the network and a reconnect such as in emergency situations. Conseus mechanism based aspects around that situation actually do potentially lead to bigger changes around what we can with say emergency fire trucks that are operating on different frequency and farther away from the city and how systems of interaction that be built in around them. As well, it more and more is becoming relevant to potentially affecting locations that are currently stuck in a digital divide as places like indigenous population are actually quite big contributors to building in the ecosystem too.

In addition, in the NFT space, you are fully right that isn't a completely new thing and I wish more people acknowledged that. I mean heck I remember when people were hoarding CD for the same reason they were talking about NFTs and crypto. In fact I find it is more people outside the NFT space who don't acknowledge that. People within the NFT space may instead use it for different community application or they may be building their own application around the technology such as my friend mirlo is around her studio based application of smartist. All of this has to work with the social systems of course, but different people see this as solving different needs like Mirlo actually see this as enabling more visibility for digital artists and the ability to create a more studio like environment for artists than was previously able to be had in the digital space. Other more use it for selling community access for example or just for selling the NFT themselves. Further more other use the NFT to automate data that so that it can be sent to doctor but never exclusively remain in the hands of doctors as well as be transparent about where it has gone and yet private giving more access attempting to create new networks around fertility treatment and automation. Interestingly even the UN has their own take on blockchain https://unite.un.org/sites/unite.un.org/files/emerging-tech-series-blockchain.pdf and of course countries like estonia use it along with x_chain as part of their healthcare https://investinestonia.com/business-opportunities/e-health/healthcare/

To be honest, it is actually much more that the financial use cases get higher prioritization while groups working on use cases that are more about building on top of these aspects of the technology don't get as much focus. In addition, it isn't really reinventing the wheel, rather it is integrating different parts into different systems. I actually partly agree that some of this stuff can already be done before but part of the goal is in fact specifically in doing the same things we could do before on a more decentralized network because of the weakness that a centralized network has and certain disadvantages that it has when you are working with different systems. Enabling access to both centralized and decentralized systems as a whole is in fact what many people desire in spaces such as advanced air mobility because it enables increased stability of the network as a whole for example and data to flow through it in a way that can not be as consistently acomplshied over a centralized network.

In addition, to some degree I actually don't think your point about where the vulnerabilities is, is in fact a negative towards blockchain. It is of course before you understand the technology and when you are more normalized to it but the truth is that all technology has a social hole in it. Ensuring that the vulnerability is more on the social hole rather than the technology itself is actually indicative of a stronger system technology wise and it shows that we can then begin to work on fixing on the social side of it rather than solely worrying about the technology side.

This is in fact one of the goal of blockchain technologies which is to ensure as much as realistically possible the hole in security are on the human side. Sadly that will always be a problem and that is also why more people must learn about the technology but most technology have huge holes in both sides and increasingly centralized services(as well as PoS) can be attacked with specific method. Considering these aspects gives us more options to build on in relation to cyber security of different data as well especially when we are discussing about the automation and transportation of it. Plus yes I would agree that it isn't perfect. To me I want people to build on it because we all have our own needs. That to me is what a architectural technology means. I don't think people should be forced to build on it but I do think they should be more willing to understand it and build on it and I think there are usages with its different consues making aspects that affect real aspects of our society yet at the same time, this is also just very architectural stuff that will be built on top of too. In addition, to some level aspects of decentralization can also offer interconnection with digitization of more analog based routines as well and with certain use cases in specific niches that may have its own specific niche too while still retaining of course an analog core. As we increasingly need some way to interconnect even our analog components into broader systems, there may be a place for fulfilling that function with how blockchain functions in some respect and that may also be a component of further system surrounding more aerospace based operations. To be honest though most companies I have intereacted with more at the moment prefer to focus around the automation of data side and the decentralization of data as they see that as necessary for their next generation of operation due to limitations they have encountered within centeralized systems.

With different companies they will end up building on it in different ways and towards different direction. This doesn't remove that there was an initial use case long time ago when blockchain was created. It just shows how its use has expanded and how it has become much more of an ecosystem. Even my own white paper is more focused on utilizing it towards more mechanical usages and around renewable usages.Different spheres will completely use it in different ways and experiment with it in different ways. It is fine if you don't want to use it, but to say it has no usage is much more simply appealing to your own normalization around the technology you are used to using. Different systems bring different interaction after all and with that you can build on in different ways. But yeah I also wish more than the financial sector were getting hyped up so people would be seeing all the technology companies I am used to interacting with but sadly that is unlikely. In fact for example you compared smart contract to a trading algorithm and you aren't fully wrong too. But as I pointed out earlier that is literally just the most default smart contract. Not all smart contracts function that way. While the most default smart contract functions in such a way that every time the token is sent it executes a percentage back to the original minter, other contracts are in fact programmed to execute different aspects and be automated around other aspects within a system. This means they may not always be seen as simply a replacement for trading algorithm but other elements of the system too and it is really that aspects which to some degree makes them quite useful. basically the ability to much more automate and systematized aspects that normally would be more difficult to do between parties yet on a basis where both parties can verify it as well including within the system itself. Maybe as I hinted earlier you should read a bit more about smart contract on the stacks page

also for some stacks job if that is what you are into too look them out. Stacks is a more technology based sphere interconnected with a wide global group building on different networks and different groups https://www.stacks.co/jobs

Well on the basic front blockchain use case is of course one most normal people are not gonna interact with. That is basically in many ways to some degree have a technology that facilitates assets through a public ledger and that has a consensus mechanism that can solve byzantine-general based problem especially on a decentralized network. That would be the more simplistic aspect of a blockchain though I am kinda pressuring it down a bit. More useful for the normal person is really the architectural technology that we have developed since then on top of this technology and yes that can at times relate to token but it isn't about how you get discounts and instead how do you automate those aspects internally and systematically. For example, you likely imagine that a NFT is just the picture however internally an NFT is a token and a smart contract and it can be attached to things beyond a picture such as other forms of data. With the most default smart contract you can automate that a percentage of what was spent will automatically be sent to the original minter without that needing to be stored longterm or accessible yet also still transparent through the ledger. One example a company in a ecosystem I am working on uses it for that goes against the grain is for creating the direction of creating open fertility access through enabling people to automate where their fertility data will go yet also then have that itself enable access to it. This however is simply the default form of a smart contract and other forms exist depending on what you build in something like clarity. Another form is stacking pools where a trustless system is built towards decentralized distribution of assets without one person needing to be holding the money. For a simplistic usage this could be for the game of fantasy football for example but for more complex usages this could be in the form of co-op or companies and how to structure and yet make more transparent things such as worker distributed systems of payment or other aspects.Of course some of these aspects may be more simply for the developer side as they are not all end layer solution and I think that confuses people because the truth is that blockchain isn't gonna always be a end layer solution. Often you may not even know you will be interesting with blockchain and in fact 81 out of the top 100 companies are already building blockchain related projects. also for additional info the stacks documents are some good help when it comes to explaining smart contracts https://docs.hiro.so/intro https://docs.stacks.co/docs/understand-stacks/ https://stacks.org/grants

However more complexity in systems such as advanced airmobility there are unique niches that groups such as NASA identify with specifically the need for increased decentralization. As increasingly different systems need decentralization as an aspect of their inherent structure, they will need systems such as blockchain and systems that build further from that to be able to facilitate the next transition of devices in how they interact with each other,how they are automated to do so and in many regards what enables them to functionally remain ongoing in a way you cant with a centralized network. This is especially true as we create more and more drone based application including localized emergency drone spaces for safety reason and their is a need for a more active network that can be facilitated from different nodes(I admit I am simplifying that down a bit)

Things like the metaverse are much more ongoing projects tbh. They shouldn't be viewed as completed aspects but rather projects that are in development and will be built upon with different aspects of the technology being built into and integrated into them. They are much more like test ground of how to integrate new technology as well as eventually higher aspects of graphics into a larger aspect through different aspects such as automation, different forms of social interaction and other conseus mechanism. While clearly the graphics in them are often lackluster this is why it should be viewed as more complicated to judge them because in some sense it isn't a project the creator are just building but we are involved in building too

Except there are a lot of different business beyond this using web3. Blockchain didn't need a usecase. On a functional level it already has a usecase but people wanted to build beyond that use case like with many architectural technology and they in fact have. Metaverse is one of the more weird ones but there are also other forms of the technology more actively being built upon in healthcare related usages around automation as well as around advanced airmobility and on top of those technology things will also be built and integrated. Sadly the financial side gets more focus but there is a whole ecosystem that is more active than you are acknowledging...