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Posted by NVLSlady/VA on 12/5/18 4:33pm
I read your last article posting on blockchain... just needed time to be able to contribute thoughtfully (intelligently) to the 'currency' conversation. But, lo & behold! The massive ledger technology isn't about the rewards/virtual coin OR so new/strange. Just the coin/crypto-currency concept (for me, anyway). Digital data encryption and storage with a chain of events (chain of Title!)
My F.I. record of every penny ever borrowed follows my unique 'identifier' mbr number . . . and I wouldn't have been able to service customers efficiently without that digital footprint. Not sure I understand any other way for Title industry: Input property info and Record documents through the blockchain (check out other industry forecasts: http://www.cbinsights.com/research/industries-disrupted-blockchain/)
I know we're a LONG way from card catalogue system (fun as a kid looking thru those cards... but what else did I have to do?! |
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