The given code checks if a string is blank or not. However, it is incomplete as it only contains a function definition and does not have any implementation. Here's a complete version of the code that checks if a string is blank or not:

```javascript

function isblank(s) {

for (var i = 0; i < s.length; i++) {

if (s[i] !== ' ') {

return false;

}

}

return true;

}

```

You can use this function to check if a string is blank or not. For example:

```javascript

console.log(isblank("")); // true

console.log(isblank(" ")); // false

console.log(isblank("Hello")); // false

console.log(isblank(" ")); // false

console.log(isblank("A B C")); // false

```