If the government is unstable what authority do you have to claim the land is yours. Land ownership is literally backed only by the government. Forced change of ownership must also be possible, therefore the same weaknesses would exist in Blockchain as elsewhere. Tracking property who's ownership isn't inherently authorized by the system itself is pointless. The rules will change. The government will never back a system that controls physical property unless they have the authority to change it. You can try to argue individual sovereignty, but that simply doesn't exist. You only own the land as long as the government backs you up on that. If the government collapses, no Blockchain will convince a new government that they can't take the land from you.
How do you prove someone in the central government didn't take a bribe and tamper with the records? What if you're from a country where the central government is less than stable? How would you prove ownership if something were to happen to that database? How do you prove that someone is who they say they are? How do citizens and businesses access that database? Is there a standardized format for it? Does it use some proprietary software built by the lowest bidder?
Not saying that blockchain has all the answers or that it is the right tool in all cases, but these are some of the problems it is trying to solve.
pjhenry1216@kbin.social 10 months ago
Double_A@discuss.tchncs.de 10 months ago
If you live in such a shitty country, the records would probably not be respected anyway. Also a blockchain still has to allow new inputs from a trusted source. And that source could still make up a fake sale and give your land to someone else.
(And no, priavate wallets wouldn’t work to protect that transaction… because what if you lose your wallet?)