Re: Chain, yes, distributed, no
If you can distribute the compute on existing hardware and charge twice for doing half the work but plastering a buzzword on... then why not?
I'm not sure you can due to the work of trying to wrap all the different transactions into a single chain. But maybe it's a cunning plan by the energy industry for more power plants?
In any case, the idea that a distributed network of computers can guarantee the status of any one object – effectively truth – is a good example of the magical appeal of solutionism. As we're all, to a greater or lesser degree and in varying domains, open to such appeals, you can see that the market for bullshit is effectlvely endless and potentially very lucrative for those with sufficient self-control in front of the mark!