Sublime

On the other hand, blockchains make it easy to assign property rights at a granular level (ownership of single lines of code) and automatically compensate the owners of said rights whenever their "assets" are being used.

Second, the blockchain also keeps a record of all the transactions connected to the NFT and the property it represents. In art sales, for example, that could represent the provenance of something going back to the creator.

Challenges of fully on-chain identity:1. scalability: need block space for saving identity data2. Interoperability: hard for cross-chain verifications as SBT is not transferrable3. privacy: data on-chain is not private by default

Blockchains are not simply about money. The modern-day alchemists who minted Bitcoin and other digital assets have animated a generation of technologists to reimagine how the financial and commercial world operates. The vision that these technologists aim to bring to fruition is not just about payment systems and other financial instruments. Large ... See more

A blockchain solves these problems. If you issue your assets as a token on a blockchain to begin with, then you inherit an enormous shared infrastructure for managing and maintaining markets.