Memes

45889 readers

1204 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] 0 points 10 months ago* (last edited 10 months ago) (1 children)

I know of one use case that seems viable, there is a digital housing market service in my country (called Dias). It uses blockchain to verify transactions related to selling and buying houses. That includes proof of sales, ownership, bank transaction status etc. The blockchain is operated by all the major banks. Their incentive is that it increases the security of the transactions thanks to the immutable digital trail, and also the fact that no single entity owns the "database" so no entity can alter it, or skim service fees etc from the others.

[–] [email protected] 9 points 10 months ago

But if you have any conflict with it, you have to get a lawyer involved right? It doesn't seem like it provides value to a real estate transaction, just seems like a use case for block chain