3 ms·
Fraud can occur when a party lies about assets it owns when entering into an agreement, which would be prevented if you had to present proof of ownership for an
by as300 9y ago
Fraud can occur when a party lies about assets it owns when entering into an agreement, which would be prevented if you had to present proof of ownership for any asset you claim to own? Most ponzi schemes would never happen.
- jayd16 9y agoYou can own something, accept payment for it, and never actually relinquish ownership. Besides, the blockchain is only proof of ownership of things on the chain. Real world things are not covered at all.
- hndamien 9y agoDigital rights are real words things though. Other forms of rights that are not currently digital could be made digital too.