Apparently there has been over $7 million (AUS) scammed so far. The argument is that you need a paper title, to validate any ownership. I’ve got a study here from Princeton that recommends using block chain, but it’s in hard copy. I’ll try to get some digital references, because I’d like to discuss this further.
That's actually one of the good use cases for it. Property transfers need a really clear chain of ownership. Blockchain provides that.
Apparently there has been over $7 million (AUS) scammed so far. The argument is that you need a paper title, to validate any ownership. I’ve got a study here from Princeton that recommends using block chain, but it’s in hard copy. I’ll try to get some digital references, because I’d like to discuss this further.