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[-] Comment on "Realtors® Reassert Role as Leader in Blockchain Technology Education" - Source of Title/OH (9 replies)
12/17/2018 11:14:32 AM (2154 views)
Realtors and Bitcoin - Carol Clark/NY
12/17/2018 11:14:32 AM (4013 views)

Problems with using Blockchain:

1)  errors in the records which either will a) need to be corrected by a cattle call army of searchers paid less than standard wages; or  b) cemented into the record which will require going back to title insurers for their lawyers to figure out - a lengthy process.

 2)  digital data lifespan: a) with standard care, digital files degrade within 10 years;  b) with very careful storage, digital data left on magnetic media will last about 30 years.  Of course, all the registries and court clerks' files are also impacted by this phenomenon.  Any solution would logically require regular reentering all the date or instituting a program of regular creating backups at regular intervals appropriately spaced out.  And the hardware? Hardware has its own problems. 

3)  security?  Equifax, Marriott (500 million customer files), fb...etc.  See the article cited on the front page of today's SOT about security.

So the realtors, title companies, lawyers, etc. arrogate all the money to themselves and when the files have degraded they will be long gone.

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Re: Realtors and Bitcoin - Michael RAFFERTY/VA
12/31/2018 8:51:57 AM (3393 views)
Re: Realtors and Bitcoin - Thomas Mendenhall/TX
12/31/2018 1:40:28 PM (3246 views)
Blockchain - Jeanine Johnson/MN
12/17/2018 8:31:51 PM (3704 views)
Re: Blockchain - Carol Clark/NY
12/18/2018 10:55:08 AM (3613 views)
Re: Comment on "Realtors® Reassert Role as Leader in Blockchain Technology Education" - Randi Erickson/MN
12/19/2018 6:37:12 PM (5086 views)
Re: Comment on "Realtors® Reassert Role as Leader in Blockchain Technology Education" - Michael RAFFERTY/VA
12/24/2018 8:52:13 AM (3510 views)
Re: Comment on "Realtors® Reassert Role as Leader in Blockchain Technology Education" - Carol Clark/NY
12/24/2018 1:12:02 PM (3541 views)
Re: Comment on "Realtors® Reassert Role as Leader in Blockchain Technology Education" - Michael RAFFERTY/VA
12/24/2018 1:25:12 PM (3412 views)

[+] Title services Online & Offline Orders - $8 - Ravi Mangalagiri/VA (7 replies)
12/17/2018 9:26:40 AM (2756 views)

[+] Fast Track Title Abstracting LLC - Non-Payer - Kevin Williams/IL (8 replies)
12/14/2018 9:51:44 AM (2167 views)

[+] Real T Solutions - Jay Duncan/MO (8 replies)
12/12/2018 4:15:27 PM (2302 views)

Lost Soles - Larry Platt/PA
12/11/2018 5:48:49 PM (2011 views)


Real Title Services


[+] How to avoid non payment (for the 4th time) - sam r/FL (3 replies)
12/11/2018 11:21:49 AM (2166 views)

[+] NAW doesn't pay! - Tracey Hicks/NY (1 reply)
12/10/2018 7:19:35 PM (2102 views)

[+] Comment on "First American Launches Blockchain System" - Source of Title/OH (10 replies)
12/3/2018 10:28:50 AM (2650 views)

[+] Real Title Services - Back 40 Real Estate Services Donna Sligh-Smith/AL (13 replies)
11/29/2018 8:57:29 AM (2947 views)

[+] Applied Technology Resources - David Kossman/MO (8 replies)
11/19/2018 10:36:19 AM (2737 views)

NC Bar's Watchdog Committee on UPL - JENNIFER MICHAELS/NC
11/12/2018 3:59:09 PM (1849 views)

[+] Souther Land & Title - Susan Raynard/MA (14 replies)
11/12/2018 7:27:31 AM (2906 views)

[+] Fannie Mae problem - kim mcadams/GA (2 replies)
11/11/2018 7:47:40 PM (2190 views)

[+] US TITLE Solutions - NON PAYER - Tamara Howard/FL (6 replies)
11/8/2018 9:12:57 AM (2664 views)

At Close Title & Settlement-BEWARE - Jason Knowles/AL
11/7/2018 2:13:08 PM (1746 views)


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