Quote from: Irvinn on January 01, 2019, 05:51:01 AM

Quote from: Greenkarki on December 30, 2018, 08:20:02 PM

Blockchain tech for buying and selling, Do you think this is a possible approach?

Pros and Cons after implementing this method across the globe. What would be the impact in the market?

In my state (Ukraine) it is already implemented in practice. The data of the land cadastre, that is, the accounting of all land plots of the state and their owners is available online on the Internet and everyone can first see the information about any land plot and for a small fee can have a written extract from this registry. The blockchain technology in this case provides secure storage of large databases for online access.

This sounds like a great system, especially the fact that anyone can obtain a physical copy of the digital record system at any time. It would be interesting to try and encode say a private key, some way to have a printed record, like say a property deed operate similar to a paper wallet, where maybe the system only lets 1 physical version, or a limited number exist for a limited number/types of parties. That may help deal with forgeries, but might also bring in more questions about how to verify personal identification.