Re:Winds of Change: The Case for New Digital Currency
by SuddsMcDuff on Wednesday November 14, 2018 @04:55AM
(#18448725)
This is the elephant in the room, and the key component of cryptocurrencies which is yet to be solved. Cryptocurrencies can trustlessly manage intangible tokens which were themselves issued on the blockchain. But when you want to interact with real world, tangible assets, blockchains can only manage proxies of the real asset. There has not yet been a trustless way to ensure the link between the tangible asset and the blockchain proxy.
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