| > Most likely a third party company will provide a standardized overlay So, we're squarely in the realm of magic and wishful thinking. Some third party (who?) will provide some standardised way (which standards?) that governments will tweak (what? if tweaked, it's no longer standard). > but the bulk of the important data is now stored securely on chain. Of course not. Storing anything in bulk on-chain is prohibitively expensive. All you're proposing to store is a hash of off-chain data > No magic involved. If you want your NFT to work say on the Chia Blockchain, then you need to conform to this standard Why would government want a) NFT to b) work on Chia? On top of that, you are literally saying: "You will just need to store a hash of the off-chain data on chain". What's the standard for that hash? > I've already explained this in another comment. You haven't > No one is claiming blockchain is helping in that situation and that's okay! :) No, it's not okay. You keep saying that blockchain is some solution for something, but every single case runs into "no, you don't use blockchain for that". |