>>16668426
Nope.
Bitcoin is not designed for such feats. “Bitcoin’s feature set is designed for tracking a single currency, and that’s about it,” explains Mr. Hearn. “To the extent, it can be extended by developers, it’s to impose flexible controls on that currency, but it doesn’t go beyond that.” As a simple example, entries in the Bitcoin database consist of a value (amount of coins) plus the script that controls who can claim that value.
“But there’s no way to encode, for instance, a ledger entry for barrels of oil that records the type of crude oil, the origin of extraction, the shipment dates, etc.,” he says. “Bitcoin doesn’t know about any of that.”
Both Corda and other platforms use the term “smart contracts” in a more expansive way than Satoshi did. “We want to be able to manage any kind of data, not just amounts of a single currency,” says Mr. Hearn.
He notes that when he wrote Lighthouse, a Bitcoin crowdfunding management app, he had to do a lot of things himself that Corda would handle for him. “It’d have been much faster to implement it on Corda,” he says.