On Wednesday, 17 October 2018 11:35:32 AEDT Roger Clarke wrote:
> 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.

But what sort of "register entry" is legally acceptable?  Would an item in a 
blockchain qualify as things stand, or would that require legislation?

My lay understanding is that paper records currently held in the Land Titles 
Office constitute the primary source of title, but a certified paper copy held 
by an owner's solicitor would constitute good backup evidence in the event of a 
problem.  What _independent_ backup would exist with a blockchain system?

Also, a paper copy is likely to reveal tampering, but a blockchain hacked out 
of business hours when activity was low certainly wouldn't.

David L.

_______________________________________________
Link mailing list
[email protected]
http://mailman.anu.edu.au/mailman/listinfo/link

Reply via email to