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A comment on Why Web3?. Parent comment

Re:Why Web3? by root_axis on Wednesday December 29, 2021 @04:55PM (#29730592)
> I like to think of other use cases, like real estate or stock options. If you talk about a plot of land, it seems feasible to find a unique identifier (you could even involve the government).

A deed digitally signed by the government's private key satisfies this need without a blockchain.

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Re:Why Web3? by kkjjkgjjgg on Wednesday December 29, 2021 @07:40PM (#29732067)
"A deed digitally signed by the government's private key satisfies this need without a blockchain."

Only because the government keeps track of who owns what in a centralized database. Typically they also ask for pretty high transferal fees.

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