The Problem

Possession is nine-tenths of the law...

Motivation

  • Difficult to establish asset ownership (Title companies)
  • Processes different in every state
  • Record look-ups only available at a cost (LexusNexus)


Recovery: Demand / Beg

Recovery: Fight

Approach

  • Anchor the asset/transaction in a Blockchain
  • Track the details in a virtual chain
    • Ownership, signatories, etc.
  • Actual content on fungible data storage
    • Amazon S3, Microsoft Azure, Google Drive


Example: Marriage, Birth, Car, House, etc.

Architecture

Key Finding

Implementation: Easy given the infrastructure


Key Management:

  • Manual Process
  • Browser Interoperability: Cut-and-Paste
  • Lost Key = (Virtual) Death
  • Must be improved before a wide scale roll-out possible

Related Work

BlockStack: Identity, DNS, PKI


OpenLedger: Ads, blogging, rewards & more


Paxos: Capital Markets


HyperLedger: OpenStack of Blockchains


Finance is Big in this space

Don't be the Dog.

Pop Quiz


Who owns your things (assets)?

   A. The person holding them

   B. The person who can prove ownership


How long will a property dispute take?

   A.  More time than my bank account can withstand

   B. Just a "few minutes" while they dig up the paperwork


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Blockstacking Assets

by idahoincolorado

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Public - 11/30/16, 7:56 PM