Let's take houses, where the buyer and seller both need a title company to validate and transfer ownership. This process is extremely inefficent, and costly. It's pretty reasonable to imagine a public ledger replacing this process.
The real world enforcement of such thing is really the only hurdle.
Let's take houses, where the buyer and seller both need a title company to validate and transfer ownership. This process is extremely inefficent, and costly. It's pretty reasonable to imagine a public ledger replacing this process.
The real world enforcement of such thing is really the only hurdle.