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by jsutton 1040 days ago
Agreed, this is the kind of use case blockchain excels at. I worked on a project that attempted to do something like a distributed MLS, and we had major industry leaders on board indicating a large degree of belief that blockchain could revolutionize the industry. MLS is, after all, just a legacy federated system running on inertia.

Unfortunately, it's so difficult to get a critical mass of inventory to succeed; it requires either a massive upfront investment, or partnering with RE developers from the beginning.

1 comments

The niche was a poster child for disruption! The incumbent is an incompetent crushed under legacy debt! We had all the buzzwords! All the 'major industry leaders' thought we were awesome!

Nothing came of it!

Sounds like every blockchain proposal I've ever delt with.

Everyone said the same thing about ML/AI 5+ years ago. Hard things take time.
The Satoshi paper was 15 years ago. Just keep waiting, one day...one day...
The first paper on AI and Neural Nets was published in 1945. What's your point? 15 years is not a very long time for deep tech.
You talk about 5 years and things take time. I point out that the subject is 15 years along, and still not there. So now you've gone almost 80 years back...what is your point other than "if I move the goalposts enough...maybe I'll get to be right".