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While I agree real estate transactions are ripe for innovation, the problem is that real estate law and title can be complicated, with legal encumbrances on a p
by topkai22 5y ago
While I agree real estate transactions are ripe for innovation, the problem is that real estate law and title can be complicated, with legal encumbrances on a property and title that are not digitized in any way. Some (such as traditional rights of access) may not even be written down. A title company is supposed to help with all that.
Making these sorts of encumbarances be written to a digitized ledger to have legal would definitely be a good innovation, but a blockchain solution isn't necessary or even desirable for a ledger. A government run database is just fine.