Memes

45886 readers

1413 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

1892

Blockchain: the wave of the future (lemmy.world)

submitted 10 months ago by [email protected] to c/[email protected]

337 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 88 points 10 months ago* (last edited 10 months ago) (1 children)

One use case, is clear, independently verifiable ownership of non-tangible things, like Intellectual Property rights.

Why is your system better than the existing one?

There is, for example, the first-owner problem in a public blockchain. What happens if I make an NFT saying I own you property? Without an external system, how can you prove your NFT is real and mine isn't? And if there's an external system, why not use that instead?

[–] [email protected] 26 points 10 months ago* (last edited 10 months ago) (1 children)

I thought of that problem the moment when they started explaining their use case. I had no idea there is a name for it, kinda cool. If the blockchain people have a real solution for it, it would be a pretty big deal

[–] [email protected] 10 points 10 months ago

It's a term from copyright. The First Owner of a work is usually the person who makes a work, and they can then do all sorts of things with that.