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Hackers steal NFTs worth millions. In other news, NFTs worth millions.
(www.theblock.co)
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this post was submitted on 17 Dec 2023
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The chain would be used to establish who owns the home.
That sounds more like a land registry system, than a key.
That isn’t required for a key. What if I want to let my family member access the house tomorrow while I’m out? Do I have to sell it to them?
The key/lock relationship is not connected to ownership. Ownership could be connected to the ability to issue new keys, but even then the ownership doesn’t need to be logged in a blockchain for that - it can simply be signed by a key held by the land registry.
If you want to make an argument for using blockchains for the land registry then… go ahead, but it’s another discussion with a whole different set of arguments.
Just like the NFTs in the article! Great idea
Lol