[0xRolex]

The main point of it is to take out thridparties to fight against anything they could enforce. Blockchains are public registries where you cryptographically sign everything you do to ensure it happened. NFTs are digital assets, be it code, music or pictures. You can prove their unicity through the blockchain and if you were to trade an asset you'd have the proof it happened too. Now you could sell your house on a safe p2p market without the need to involve banks for example. It's really the main goal behind the crypto ecosystem, to provide a safe way to stop relying on often abusive thirdparties.

[tluyben2]

But you are not answering the question of my parent and myself; you can sell your house or land or whatever on the p2p market, but if the government doesn't allow you to sell your house or land, then that's that. You got money, the new owner got some digital snippet of something they now not own. Which makes it centralised; no different than it is now but with far more risks (abused smart contracts stealing the money for your house) and no recourse. So the problem is; what is exactly the decentralised advantage of this when you still need the same courts etc. Sure, no banks IFF the seller takes crypto and if the country in question is crypto friendly etc, but AML laws will kick in anyway. So I see the theory for having a house NFT and everyone singing and dancing the decentral dance, but in reality, this won't work or it will be exactly the same as any house deed transfer. I rather would see a gov that has my certified public key and I can sign from my mobile app to sell my house with one click and a notary handling it all without any parties having to rock up to some office etc. Blockchain fixes that , but no differently in UX (I think and I don't hear anything different) but far more inefficiently (and risky as there is no rollback) than what we can do with some cryptography and a php crud app?

Edit: in short, I would love to talk to a proponent of blockchain who has a more compelling story than 'transfer value'. I mean; I see the case for transferring money to and from warzones etc; if your gov does not allow you to use your money or doesn't allow you to buy a more stable currency than your country has, then this is a means, if kept on chain, for you to have liquidity.