Step 5 provided a preliminary definition of the blockchain and insight into why the management of ownership is regarded as its most prominent application case. This step deepens the relation between the blockchain and its prominent use case of managing ownership. In particular, this step reveals the connection between trust and integrity of purely distributed peer-to-peer systems, on the one hand, and managing ownership, on the other hand. In addition, this step also provides some general insights into the nature of ownership and introduces basic security ...
© Daniel Drescher 2017
Daniel Drescher, Blockchain Basics, 10.1007/978-1-4842-2604-9_6
6. Understanding the Nature of Ownership
Why we know what we own
(1)Frankfurt am Main, Germany