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> * you want if you want more than one company to cooperate

There are many companies that interact with API services from other companies.

> * you want participation to be permissionless

Is this something CTO's are requesting?

> * It is also desirable if you think they could be hacked, or have downtime--ie, to remove the company as a single point of failure.

The blockchain can be hacked as well.

> * you want it outlive the life of the particular corporations involved.

The corporations are the ones who would be driving this.



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