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RE: Five Ways Smart Contracts On A Blockchain Are Changing The Way We Do Business

in #bitcoin9 years ago

Even in the US, I've had title issues appear years after I bought a house. This has happened twice. I had title insurance. That let me put all the responsibility on the title insurance company. I'm not saying title insurance is the way to fix problems. I am agreeing that the blockchain could handle problems even in places that are more sedate than regime changes. The blockchain really has some amazing applications.

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I also know many people in the US who have had title issues concerning their property. It's much more common then people realize.

I thought it was just my luck, lol. Before that, I thought the title insurance was sort of a scam. But not anymore. The blockchain would help out here, for sure.

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