Blockchain benefit
|
Example / description
|
| Administer Rights |
Titles, Mortgages, Insurance contracts, IP, privacy, voting |
| Share economic benefits |
Allocate royalties, pay commissions, consummate a transaction at receipt of good or service. Pay customs fees. |
| Make intermediary-less and conditional remittances |
Send grandma money in Mexico without Western Union. Create and execute a letter of credit. |
| Manage identities (Public and private) |
Combine public records and biometric identification to create and manage citizen IDs; Provide for users decide how and under what conditions they make private data available. |
| Manage IP |
Ensure proper claim to rights, provide conditional access, (subject to agreement to those IP rights), and collect fees upon perfection of said conditions. |
