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Re:Notes on Web3 by preseinger on Thursday November 18, 2021 @09:04PM (#29273011)
> the data about the assets should outlast the interest of the current owner. It should outlast the physical assets themselves.

Why? What does this accomplish?

Re:Notes on Web3 by leashless on Thursday November 18, 2021 @09:47PM (#29273223)
Some of our assets are hundreds of years old already.

One of them is half a million years old, but still made by human(ish) hands.

Preserving the data for future generations is part of the job.

Re:Notes on Web3 by preseinger on Thursday November 18, 2021 @09:52PM (#29273246)
I understand that some things exist longer than their owners do. We already have mechanisms in place to manage the transition of ownership of those things. What is insufficient about those mechanisms? What is accomplished by these properties you say should be true?
Re:Notes on Web3 by leashless on Friday November 19, 2021 @01:33PM (#29280611)
Why don't we just buy stuff out of paper catalogues? Why all this Amazon nonsense?
Re:Notes on Web3 by preseinger on Friday November 19, 2021 @02:05PM (#29280966)
I don't understand the point you're making. Amazon reduced transactional friction. In what way does ensuring metadata about transactions and securities outlive those things themselves relate?
Re:Notes on Web3 by leashless on Friday November 19, 2021 @06:08PM (#29283750)
Transactional friction in the fine art world is completely gigantic. Very very little use of tech to help manage asset documentation.

It's a fixable problem.