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In can do some of the things you'd use a notary for. Or, just use an entirely conventional database, operated by the notary.
by goatinaboat 6y ago
In can do some of the things you'd use a notary for.
Or, just use an entirely conventional database, operated by the notary.
- freeone3000 6y agoFinding a notary trusted by all parties may prove an issue, especially in international contexts. A blockchain may be cheaper.
- goatinaboat 6y agoTrue, but it depends on the lifetime of the contract. A century-old family-run law firm in Liechtenstein has much less risk associated with it than any technical solution. TCO rather than upfront cost, in other words.
- FridgeSeal 6y agoWe’ve operated and trust escrow’s right? Isn’t it more of a business opportunity for a tech-savvy escrow firm instead of a blockchain specific problem?
- oneplane 6y agoThat doesn't solve the distribution problem; if you can use centralised trust you'd of course have no need to distribution, but then this isn't the solution to use.