you cannot pull this off with all local legislation.
sounds nice idea - however: This is a common topic already covered in many TED / TEDx speeches as use case of blockchain.
You cannot pull this off. So you must be ready to scam a lot of people.
Good idea, but idea is not yours.
First go put some 1000$ each into this with all those beautiful faces you have. Create a prototype to show us.
Then ask for our money.
If not, you are SCAMMERs
anyone thinks otherwise has no clue what it takes to agree with government to organize such an undertaking. it is not gonna happen with bunch of Romanians/Nobody people.
Our app is actually available for download from the appstore right now:
https://itunes.apple.com/us/app/propy-buy-and-rent-properties-overseas-and-home/id1017369540?mt=8Smart contracts are still in the prototype phase. We are still finalizing how bank transactions and identity verification will be linked there.
I've personally architected the smart contracts and ready to answer all questions.
Our strategy for replacing government-maintained registries with the blockchain is the following:
1. mirror existing databases & transactions in public Ethereum network
2. Once companies that require access to the government registries realize that they have faster and more convenient solution (Ethereum blockchain) they'll start using it as a primary source of data.
3. Once government's realize that most of the consumers of the database already using blockchain and it works, they should be comfortable declaring it as a primary one. Our team has all required connections and expertise to make it happen (California and Dubai are likely to be the first ones).
Cheers
Andrey
Blockchain Architect @ Propy