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by warrenm 1631 days ago
Converting real property deeds into a public ledger could make a great deal of sense (except for the title search companies and local government records workers)

It's public information as to who owns what property - why is it all locked-up in file cabinets more-or-less randomly distributed through the country?

1 comments

And in the end there is no practical reason to have it on blockchain. It is even undesired.

Failure of certain governments does not mean all of them have failed. Many have robust working registries of ownership. And sufficient procedures to sort out the issues.

But why rely on slow, inherently error-prone, human-run processes if you can automate it into something far less likely to misunderstood?