@weird@sub.wetshaving.social to memes@lemmy.world • 2 months agoBenefit of the hindsightsub.wetshaving.socialimagemessage-square208fedilinkarrow-up12.15Karrow-down115
arrow-up12.14Karrow-down1imageBenefit of the hindsightsub.wetshaving.social@weird@sub.wetshaving.social to memes@lemmy.world • 2 months agomessage-square208fedilink
minus-square@SparroHawc@lemm.eelinkfedilink1•2 months agoexcept that the government run land registry can deal with disputes in a flexible and fair manner. A blockchain with smart contracts cannot.
minus-square@Knock_Knock_Lemmy_In@lemmy.worldlinkfedilink1•2 months agoEnforcement of ownership must be off chain. You can still have a disputes procedure using blockchain. What a smart contract registry allows is efficient notarisation of non-disputed ownership, which is 95% of the work.
except that the government run land registry can deal with disputes in a flexible and fair manner. A blockchain with smart contracts cannot.
Enforcement of ownership must be off chain. You can still have a disputes procedure using blockchain.
What a smart contract registry allows is efficient notarisation of non-disputed ownership, which is 95% of the work.