3 ms·
Wouldn't this only ever be true if we enforced some sort of blockchain-based Torrens title, though? Otherwise it will always become a matter of title research,
by jcrawfordor 5y ago
Wouldn't this only ever be true if we enforced some sort of blockchain-based Torrens title, though? Otherwise it will always become a matter of title research, and at that point I struggle to imagine how a blockchain is more useful than a conventional recorded deed.
- ww520 5y agoSpeed and cost. It takes time and money to register and maintain the title records. Searching takes time and money. Blockchain just lowers that, supposedly, if they can lower the cost of mining.
- SahAssar 5y agoIs there any proof that a blockchain is (or can be) more efficient than a normal database? Seems like every blockchain I've heard about wastes a lot of energy and time to try to make stuff securely decentralized and if we are going to have special authorities anyway the least secure part will be their keys/access to the chain and the decentralized part isn't really true anymore.
- jcrawfordor 5y agoBut many (most?) counties have already digitized recorded deeds, at least by index... so it's just a matter of logging into the clerk's system and searching for the situs address or APN or whatever's handy and you get the deed history, out of a good old fashioned relational database. How does blockchain improve on that?
- deleted 5y ago[deleted]