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What do you think will the tech bros jump on next?
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this post was submitted on 15 Apr 2025
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Smart contacts are exactly for that. They can automate various processes, including payments, data recording, asset transfers, all as long as the pre-defined conditions are met. There will still be things third parties need to do but not everything. Especially proof of ownership or fractional ownership with complex conditions. Very expensive ot just not possible using third parties.
This conversation seems pretty pointless given that you're just going to keep making things up about what this unproven tech can and will do.
Feel free to have the last word, but I'll continue believing NFTs are a failed tech until I can buy a house without a settlement agent.
Homes have already been sold using this tech... for several years. Good thing about it is you don't have to use it at all.