4 ms·
> A public ledger would make property title/ownership simple and knowable. Only if all the property records are already in the ledger, right? If I buy a house
by defen 8y ago
> A public ledger would make property title/ownership simple and knowable.
Only if all the property records are already in the ledger, right? If I buy a house via blockchain, someone can still come along and say their great-aunt should have inherited it 80 years ago, before blockchain records existed. So you still need title companies.
- eouw0o83hf 8y agoFor sure - and digitizing that data would take a very long time so it wouldn't be a drop-in replacement for title. It wouldn't be easy, but it is a good use for the tool.