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Cake day: March 3rd, 2024

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  • Nougat@fedia.iotoMemes@lemmy.mlSo much for Blockchain's real life use cases
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    2 months ago

    That’s not how that works.

    NFT is issued determining ownership to a property. Property sells, another NFT is issued, tied to the original one to maintain a chain of ownership. Issuance of a second NFT for a sale to a new owner would depend on authorization by the previous NFT holder. Lienholder information could also be stored, and linked to a mortgage NFT with payment history.

    The “NF” part of that stands for “non-fungible.” As in, once created, cannot be changed.


  • One of the things blockchain could do is become a digital proof of ownership, augmenting or replacing things like property deeds and car titles. We already agree that a written record of ownership of such things is legally binding (even if the writing is stored digitally), but transfer of that ownership to another person is still a very manual process. Imagine an NFT that represents ownership of your house, and when you want to sell your house, you transfer that NFT to someone else’s custody - adding their ownership information to it. It would record the entire chain of ownership, and specific details about the piece of property involved.



  • Nougat@fedia.iotoLinux@lemmy.mlWhy do you still hate Windows?
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    2 months ago

    The PIN is stored locally on the machine only. It doesn’t get synced with anything anywhere. It’s actually much safer to use a PIN for authentication because it’s four digits that you (well, maybe not you) don’t have to write down, and the only time it works is on the physical machine. The user account password can be long and/or complex, but if you’re only ever authenticating at the keyboard, all you have to remember is the PIN.