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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (303314)	6/29/2016 2:45:00 PM
From: elpolvo	Read Replies (2) \| Respond to of 541635

great to see. tanks. excerpt: “By using digital signatures in all steps in the process of selling a house we can bring down the total time of doing a deal from several months, say three months on average, to less than a day or a few days," Hjelte said. “The use of digital signature will reduce the time even for a centralized database, but a database can easily be subjected to ‘update’ attacks where history is changed. Blockchain and our smart contracts add a chain of evidence that comes from a history that cannot be changed. There are multiple copies stored by several actors, digital signatures of all steps in the workflow and agreement to the steps in the workflow and who can do what. We think that this adds a great deal of value. Also, our solution makes it impossible to enact certain kinds of fraud that occur now and those are not theoretical frauds. People actually get away with selling properties they don't own.”