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Topic: Smart property link destruction problem (Read 167 times)

newbie
Activity: 12
Merit: 6
May 31, 2019, 08:06:52 AM
#3
Problem with police is in principle - it is the case of third party trusting. Can be this solved fully autonomously as good as transaction verifying or smart contract enforcing?
member
Activity: 322
Merit: 20
Donating 10% to charity
What is the issue about Police getting involved? At least in the case of a violation they should get involved and you should be thankful that in your country the police actually work(I'm supposing so).

The first i believe you need to do is set up a really effective alarm system that will indicate if the security perimeter of anything you own was breached, so in this case the police would be between the best candidates to solve the issue in a dangerous case. Now, how can you see? - You could set up a system to actually see if anything happens also from multiple points.

The main problem with computers is that they are connected to the internet which makes the possibilities of attacks really high in contrast to offline use. I couldn't really give too many ideas about it right now, but above it's a starting point.
newbie
Activity: 12
Merit: 6
Hi, everybody
Does anybody know what will happen if somebody breaks the linking between smart property token (for example a locked car) and real object? In relation with this, there may be issue with smart labels (which can be used to prove origin of certain products) - what if somebody simply breaks the physical lock? It isn't so hard until the container is indestructible. It may seem that smart property is great, but cryptography does not defend the object from violent physical destroying. It looks like we need to use some indestructible containers for all smart property in order to prevent this (for example metal case for your house in other side of the world which shares you bought using blockchain Roll Eyes - it's nice that only you can unlock it, but anyone is still able to break it).

And this property is also very unpractical because for each unlock must be generated digital signature and the object has to be uninterruptly connected to see which address actually holds its digital token (respectively colored coin).

Does anybody know how to solve this without police? Huh
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