3 ms·
It also seems to conflate online access to land records with bitcoin. It's possible that the same folks that pushed MERS (trying to move land records out of co
by Chirael 9y ago
It also seems to conflate online access to land records with bitcoin.
It's possible that the same folks that pushed MERS (trying to move land records out of county systems and into a private, mortgage industry-controlled system) may be pushing this as a second attempt at the same (just with the word "blockchain").
The only way it makes sense to me is as a further means of authenticating exactly what was done and who the parties were. See "Triple Entry Accounting" for a similar concept (added value from blockchain use): http://iang.org/papers/triple_entry.html http://iang.org/papers/triple_entry.html