Reminds me of an interview I saw at the height of the NFT/crypto craze, when the interviewee was challenged to come up with a use-case, and they threw out "buying a house".
So there is (AFAIK) just one part of the process to buy a house that blockchains could address, and that is transfer of ownership. The rest of the process is an estate agent (realtor) communicating between buyer/seller/legal/etc to make it all happen. A tiny proportion would be solved 'on-chain'.
Maybe shouldn't need to be said, but people really need to _actually_ understand a problem before proposing a solution!
It doesn't even solve the ownership problem... any disputes still get settled in court just like a paper contract. In fact the database with which you store the contract is largely irrelevant to anything. If counterfeit contacts, MAYBE Blockchain has a use.... but even then it's debatable
So there is (AFAIK) just one part of the process to buy a house that blockchains could address, and that is transfer of ownership. The rest of the process is an estate agent (realtor) communicating between buyer/seller/legal/etc to make it all happen. A tiny proportion would be solved 'on-chain'.
Maybe shouldn't need to be said, but people really need to _actually_ understand a problem before proposing a solution!