>On 12/10/18 12:11, Roger Clarke wrote:
>> Don't bother with blockchain: databases or even email could be better ...
At 9:24 +1100 17/10/18, Tom Worthington wrote:
>Land title is one possible application for blockchain. See:

I'm in agreement with Tom on a lot of this, but land title is one of the 
examples I use for why blockchain is superficially relevant, but actually not 
of much use.

Back when land titles were, at law, dependent on evidence of a sufficiently 
long series of successive transactions, a chain of electronic transactions 
would have reflected the real world of land title.

Torrens Title was invented in South Australia in 1858, and much of the world 
has adopted it:  https://en.wikipedia.org/wiki/Torrens_title

The key point about Torrens Title is that the legal authority is a register 
entry, and hence the chain is of no more than historical interest.

So (remnant 'old system title' arrangements aside), the blockchain model has no 
more relevance to land titles than it has to share-trading.

_________________

>"NSW Land Registry to trial blockchain for conveyancing: The state wants to 
>transition completely to eConveyancing by July 1, 2019:", Asha McLean, zdnet, 
>October 15, 2018: 
>https://www.zdnet.com/article/nsw-land-registry-to-trial-blockchain-for-conveyancing/
>
>I am on the ACS Blockchain Technical Committee and have attended a few 
>meetings with Data 61 who are preparing a report on it for ACS. But I do 
>struggle to find many use cases for blockchain. How often do you have 
>something which needs to be distributed, immutable and not run by a central 
>trusted party?
>
>One application I suggested to the blockchain committee is for 
>micro-credentials. Each student may have several hundred micro-credentials 
>from dozens of institutions, making paper based certificates unworkable. I 
>discussed this in Colombo a few weeks ago at the Sri Lanka national IT 
>conference: http://tomw.net.au/technology/it/digital_economy_learning/
>
>
>-- 
>Tom Worthington, MEd FHEA FACS CP http://www.tomw.net.au +61(0)419496150
>TomW Communications Pty Ltd. PO Box 13, Belconnen ACT 2617, Australia
>Liability limited by a scheme approved under Prof. Standards Legislation
>
>Honorary Senior Lecturer, Computer Science, Australian National University 
>https://cecs.anu.edu.au/research/profile/tom-worthington
>_______________________________________________
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-- 
Roger Clarke                                 http://www.rogerclarke.com/
                                     
Xamax Consultancy Pty Ltd      78 Sidaway St, Chapman ACT 2611 AUSTRALIA
Tel: +61 2 6288 6916                        http://about.me/roger.clarke
mailto:[email protected]                http://www.xamax.com.au/ 

Visiting Professor in the Faculty of Law            University of N.S.W.
Visiting Professor in Computer Science    Australian National University
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