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But that's not about representing physical objects on a blockchain, which is what the article (and at least in my mind the discussion) is about. Keeping digita
by SahAssar 5y ago
But that's not about representing physical objects on a blockchain, which is what the article (and at least in my mind the discussion) is about.
Keeping digital objects (like bitcoin) on a digital system is of course easier than keeping physical objects on a digital system but it also brings a whole load of it's own complexity.
I also keep getting back to what does the blockchain actually give you here? Even in this example you need someone or something to have privileged access to the chain to handle things like bankruptcy, inheritance, seizure and so on. Your pitch is for applying programmable logic to money. That'd be great, but also extremely complex and I just don't get why the blockchain is needed.