Inside Blockchain, Bitcoin, and Cryptocurrencies by Niaz Chowdhury
Author:Niaz Chowdhury
Language: eng
Format: epub
Publisher: CRC Press
11.4.2 Smart Property
Smart property is a type of service powered by the smart contract features of blockchain technology. It has the potential to revolutionise the traditional lending system. For example, hard money lenders providing loans and mortgages to customers with poor credit charge high interest rates to recover potential losses even before the contract starts. It stresses borrowers and often put them into bankruptcy.
Smart property can help lenders and borrowers settle ownership using smart contracts. Depending on the terms of the agreements, when borrowers pay a part of the mortgage or the full value, the properties will be transferred to their name. This system undercuts the risk and reduces the paperwork and bureaucratic process while allowing strangers to avail loans at a lower rate. In this use-case, home is just an example where the property can be a piece of land, a car, a factory, a smartphone or laptop and so on. Ethereum, NEO and EOS can be used to develop applications based on this use-case.
Download
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.
Cryptography | Encryption |
Hacking | Network Security |
Privacy & Online Safety | Security Certifications |
Viruses |
Effective Threat Investigation for SOC Analysts by Yahia Mostafa;(6520)
Practical Memory Forensics by Svetlana Ostrovskaya & Oleg Skulkin(6237)
Machine Learning Security Principles by John Paul Mueller(6206)
Attacking and Exploiting Modern Web Applications by Simone Onofri & Donato Onofri(5876)
Operationalizing Threat Intelligence by Kyle Wilhoit & Joseph Opacki(5844)
Solidity Programming Essentials by Ritesh Modi(4003)
Microsoft 365 Security, Compliance, and Identity Administration by Peter Rising(3646)
Operationalizing Threat Intelligence by Joseph Opacki Kyle Wilhoit(3375)
Future Crimes by Marc Goodman(3345)
Mastering Python for Networking and Security by José Manuel Ortega(3344)
Mastering Azure Security by Mustafa Toroman and Tom Janetscheck(3330)
Blockchain Basics by Daniel Drescher(3292)
Learn Computer Forensics - Second Edition by William Oettinger(3141)
Mobile App Reverse Engineering by Abhinav Mishra(2879)
Mastering Bitcoin: Programming the Open Blockchain by Andreas M. Antonopoulos(2868)
Incident Response with Threat Intelligence by Roberto MartÃnez(2861)
The Code Book by Simon Singh(2823)
From CIA to APT: An Introduction to Cyber Security by Edward G. Amoroso & Matthew E. Amoroso(2779)
Building a Next-Gen SOC with IBM QRadar: Accelerate your security operations and detect cyber threats effectively by Ashish M Kothekar(2689)
