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by mesm 4815 days ago
Mike Hearn has talked some on how you could use existing functionality in the bitcoin protocol to issue loans. Around 25:50 he talks about ripple + bitcoin which is a practical autonomous lending system. A little bit simpler than the smart property way which is pretty deep down in the protocol.

http://www.youtube.com/watch?v=mD4L7xDNCmA&t=17m30s