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I don't know about Germany, but in Belgium you pay a crazy amount of money for the notary service. So it only makes sense to hire them for when dealing with la
by koonsolo 6y ago
I don't know about Germany, but in Belgium you pay a crazy amount of money for the notary service.
So it only makes sense to hire them for when dealing with large amounts of money. So what do you do with small amounts of money?
Plus, not only notaries but also escrow services might be replaced with smart contracts. Smart contracts might be way cheaper.
It will be very interesting to see this play out. But I wouldn't just discard smart contracts because we have some ancient way of doing things right now. And let's be honest, every time I have to deal with a notary, the work looks like it comes from Medieval times.