So I had a thought about cryptographically secure titles of ownership.
Let’s say we make a public-private key pair that is a hash of some uniquely identifying biometric data. Much like namecoin we then use the blockchain to encode information, specifically contracts. You can sign contracts with your private key and anyone can check what contracts you’ve signed with your public key. This allows you to reliably signal certain sorts of intentions and know that everyone knows that you are signalling these intentions.
So I had a thought about cryptographically secure titles of ownership.
Let’s say we make a public-private key pair that is a hash of some uniquely identifying biometric data. Much like namecoin we then use the blockchain to encode information, specifically contracts. You can sign contracts with your private key and anyone can check what contracts you’ve signed with your public key. This allows you to reliably signal certain sorts of intentions and know that everyone knows that you are signalling these intentions.