this post was submitted on 05 Oct 2024
486 points (89.4% liked)
solarpunk memes
2913 readers
326 users here now
For when you need a laugh!
The definition of a "meme" here is intentionally pretty loose. Images, screenshots, and the like are welcome!
But, keep it lighthearted and/or within our server's ideals.
Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators' discretion.
Please follow all slrpnk.net rules and community guidelines
Have fun!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
While the NFT can't contain the entire title document, it can contain the hash of the title document, and then the title document is simply recorded elsewhere on-chain.
I agree with this. A title to land ownership is in itself just a piece of paper, it's not the land you're owning. It's effectively serving the same purpose as the hash idea you're suggesting
Unfortunately it only is useful in proving title when normal processes have failed, and in the places with title proven by a line of titles stretching arbitrarily far back, it's only as good as the proof that got it in the block chain
It's better in places like Australia where title is a record on a government database and block chain would protect against destruction of government records (eg from war or revolution), but there it would probably only be useful if something like the old government regained power (the Nazis had no intention of returning stuff to Jews)
But in places like Australia you wouldn't want to add another step to the users, perhaps it could be a land titles department job
In places with title via history of title I don't think it could defeat a result from a title search, so maybe it'd be next to useless unless it was backed by a court order or some other authoritative full stop