Topic: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency - page 12. (Read 685091 times)

Hello. Can I ask a question in personal messages?

Hard Fork on October 1
https://coindar.org/en/event/peercoin-ppc-hard-fork-22352

Release candidate 10 for v0.8 was released for testing a couple days ago...

https://talk.peercoin.net/t/peercoin-v0-8-testing/9188/16

It will be pitched to the real estate industry, for experimentation with trading of real world assests (real estate) on the chain. Or, just using the public blockchain as notary.

Alice and Bob can have a 2of2 multisig to which Bob can send paperworks of his house and the signed contract stating that he is giving the ownership to Alice. Alice sends some coins or tokens inside as payments. Once they both agree they create a transaction which transfers the ownership of the documents to Alice and ownershipt of coins/tokens to Bob. If they both sign the transaction, it means they agree and transfer is complete.

This is why perpera protocol supports revisions of the document, as it presumes some negotiations will be held between the parties. For example Bob proposes that house is 10.17 coin and Alice wants it reduced to 10.11, and wants to keep that nice coffee table on the porch. This changes are incorporated into the contract and the new contract can be re-uploaded as the revision.

And in the process,there is a clear paper trail of ever change as all the hashes of every revision are saved on the chain.

Point of public notary is basically to be there and vouch that both parties have read and signed the same contract, so malversations are impossible. No party can claim that they were given a wrong document to sign or something. This is something that can be solved with a simple hash embeded into a public blockchain because it proves that document has existed sometime in the past, that both parties were given the access to the same document and that the signed document has not been changed since.

See this article I wrote last year for more ideas on this process:

https://blog.cprop.io/public-blockchains-and-tracking-legal-liability-in-the-digital-world-a0a51a159e04

Perpera is a document audit protocol loosely based on the PeerAsset protocol. It allows for document notarization, document ownership transfers and querying of the revision history. It combines the immutability of a public blockchain and some elements of the git protocol. The web client is a simple to use frontend intended for mainstream use.