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Blockchain tech may change the way we transact assets and think of ownership.
Understanding Smart Property
Property, Ethereum, smart contracts, Blockchain, technology, Bitcoin, news
Rather than recording ownership of non-physical cryptographic made-up money-units using a distributed, peer-to-peer database, the smart property database (the blockchain) is tracking contracts that determine access to things like cars, real estate, or stocks. Your car's title is not just a pink sheet, it's also an entry in the blockchain—in other words, a cryptocoin.
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