Stanford CS251: Lecture 19
Lecture 19: Advanced Topics Topic 1: Smart Property Manage ownership of some property like stocks on the blockchain. Colored coins allow arbitrary properties on Smart Contract. Similar to Namecoin, there cannot be a light node/SPV for this. Another example is rental, car’s ownership goes from Alice to Carol in a 2-of-2 transaction from Alice to Carol and locked transaction to return the car’s possession after a fixed time. One still has to trust the car’s hardware and manufacturer. ...