It certainly doesn't solve "who watches the watchmen?" any more than centralization does.
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I think there's a fair chance it cuts down noise in transactions, though. We'll see if it holds up in practice with stuff like @sweetbridgeinc
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The utopian blockchain noise seems a bit deluded. Much more likely to build dystopias.
The cutting out middlemen part feels real, though.
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Oh, well aware. A bit miffed it's completely outside any of my areas of (relative) expertise.
I can just gawp as most of the blockchain space reenacts the Icarus myth but with drones and shit.