• whats_a_refoogee@sh.itjust.works
    link
    fedilink
    arrow-up
    10
    ·
    1 year ago

    Okay, someone gains access to your device and sends themselves the NFT that proves ownership of your house.

    What do you do? Do you just accept that since they own the NFT, that means they own the house? Probably not. You’ll go through the legal system, because that’s still what ultimately decides the ownership. I bet you’ll be happy about middle men and “waiting 45 days to close” then.

    • devils_advocate@lemmy.ml
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      1 year ago

      The legal system needs to enforce ownership and recognise the blockchain as the official ownership registry.