@weird@sub.wetshaving.social to memes@lemmy.world • 11 days agoBenefit of the hindsightsub.wetshaving.socialimagemessage-square197fedilinkarrow-up12.15Karrow-down113
arrow-up12.14Karrow-down1imageBenefit of the hindsightsub.wetshaving.social@weird@sub.wetshaving.social to memes@lemmy.world • 11 days agomessage-square197fedilink
minus-square@SparroHawc@lemm.eelinkfedilink1•10 days 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•10 days 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.