Re:IBM has cut its blockchain team down to almost nothing – ...
by hef19898 on Wednesday February 03, 2021 @10:28AM
(#26014461)
This is actually a problem I have a hard time to understand. In Germany, these records are kept by a government maintained registry. Every patch of land has a number and a record, and an owner. Changes need certification by a Notary. Records go back to, what feels, eternity. I never heard of any problems with the records themselves, problems usually arise regarding the agreements between parties to change said documents. No idea how blockchain would beat simple, court maintained paper.
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Re:IBM has cut its blockchain team down to almost nothing – ...
by perl4ever on Wednesday February 03, 2021 @06:17PM
(#26020544)
The US generally uses a different system than a single registry.
https://en.wikipedia.org/wiki/Recording_(real_estate)
That doesn't necessarily mean that a blockchain would be preferable. If one thought the US system is actually better than a registry, then one might consider a blockchain is essentially a fancy central registry.