While blockchain is well defined, it in itself is not a product but a technology. I think what the other commenter is getting at is that simply saying something “is blockchain” means very little because what the blockchain does depends on the implementation, so when used in marketing it’s just a nebulous buzzword in that it doesn’t actually give you much information about what the product is. Same with terms like cloud, AI, virtual reality, etc.
While blockchain is well defined, it in itself is not a product but a technology. I think what the other commenter is getting at is that simply saying something “is blockchain” means very little because what the blockchain does depends on the implementation, so when used in marketing it’s just a nebulous buzzword in that it doesn’t actually give you much information about what the product is. Same with terms like cloud, AI, virtual reality, etc.
Yes. There were a lot of companies selling “blockchain base” solutions where blockchain wasn’t really needed in the solution at all.
Then it was Metaverse based solutions. (I would argue VR is well defined)
Now it’s AI solutions.
But I think “cloud” is now post that marketing phase, and blockchain is heading that way.