Blockchain, the amazing solution for almost nothing Economics correspondent at De Correspondent Jesse Frederik <https://thecorrespondent.com/655/blockchain-the-amazing-solution-for-almost-...> Blockchain technology is going to change everything: the shipping industry, the financial system, government … in fact, what won’t it change? But enthusiasm for it mainly stems from a lack of knowledge and understanding. The blockchain is a solution in search of a problem. Sjoerd Knibbeler made this image for The Correspondent; the rest of the images in this piece are from his series 'Current Studies' (2013-2016), which you can read more about at the end of the article. In front of a sea of coders sitting on folding chairs, their laptops on folding tables, a man appears on a purpley-blue lit stage. “Seven hundred blockchaingers,” the man shouts at his audience. He points at each programmer in the room. “Machine-to-machine learning … ” And then, at the top of his voice: “Energy transition! Health! Public safety and security! Future of pensions!” We are at the Blockchaingers Hackathon 2018 in Groningen, the Netherlands. And something really, really big is happening here, according to the speakers. Earlier on, a film trailer voice asked those present if they could imagine that right here, right now, in this room, they were about to find solutions that would change “a billion lives”. A planet spontaneously combusted in the accompanying video. And then the Dutch state secretary for the Interior, Raymond Knops arrived, decked out in tech couture: a black hoodie. He’s here as a “super accelerator” (whatever that means). “Everyone senses that blockchain is going to change government drastically,” the state secretary said. I’ve been hearing a lot about blockchain in the last few years. I mean, who hasn’t? It’s everywhere. I’m sure I wasn’t the only one who thought: but what is it then, for God’s sake, this whole blockchain thing? And what’s so terribly revolutionary about it? What problem does it solve? That’s why I wrote this article. I can tell you upfront, it’s a bizarre journey to nowhere. I’ve never seen so much incomprehensible jargon to describe so little. I’ve never seen so much bloated bombast fall so flat on closer inspection. And I’ve never seen so many people searching so hard for a problem to go with their solution. ‘Agents of change’ in a small Dutch town They knew nothing about the blockchain yet in Zuidhorn, a town with just under 8,000 people in the north-east of the Netherlands. “What we did know is that it’s coming for us and that it’s disruptive,” a civil servant from the town told a Dutch weekly news magazine. “We could sit back and wait, or choose to move forwards.” In Zuidhorn they decided to move forwards. A municipal poverty aid package for children would “be put on the blockchain”. Maarten Veldhuijs, a student and blockchain enthusiast, was given an internship with the municipality. His first job was to explain what blockchain is. When I asked him, he said it is “a kind of system that can’t be stopped”, that it’s “actually a force of nature”, or rather, “a decentralised consensus algorithm”. OK, it’s hard to explain, he conceded eventually. “I said to Zuidhorn: ‘I’ll just build you an app, then you’ll understand’.” So he did. His first job was to explain what blockchain is ... OK, it’s hard to explain, he conceded eventually The children’s aid package gives families living in poverty the right to a bicycle, trips to the theatre and the cinema, and so on. In the past, that was a nightmare of bureaucracy, receipts and documentation. But thanks to Velthuijs’s app it became simple: you scan your code in the shop, you get your bike, and the shopkeeper gets their money. Suddenly, the tiny town was proclaimed “one of the international forerunners in blockchain technology”. There was national media attention and even awards: they won a prize for pioneers in municipal work and received nominations for an IT project award and a civil service award. Local administrators became more and more enthusiastic. Velthuijs and his team of “students” were the ones who shaped this new world. But that term didn’t show enough respect. In Zuidhorn some people already preferred to call them “agents of change”. [...]