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I think NTFs would make sense in some cases by providing a publick ledger of properties. It would avoid situations like that when a Luton man got his home stole

• contravariant 5y ago
  It wouldn't avoid it, it'd make it worse by not having a single way to override the ledger when it's clearly wrong. None of the problems in that article were caused by having a hard to edit public ledger. In fact most problems were caused by it.
• dub 5y ago
  NFTs also get stolen. For example: https://www.vice.com/en/article/qjb4nq/investor-says-bored-ape-nfts-were-stolen-by-hackers https://www.vice.com/en/article/qjb4nq/investor-says-bored-a...
• acdha 5y ago
  The problem in that case is trying to reverse a fraudulent transaction. Blockchains not only do not solve that, they make it impossible to solve: phish someone or exploit their computer and you can instantly make an irreversible transfer of their assets! If you have a mechanism where a trusted third party can reverse a transaction, you don’t need a blockchain and all of the expense and inconvenience was worth nothing.