Exploring use cases

In the Design strategy section, we tried to define a design strategy for a blockchain-based business solution, which has five steps: explore, engage, experiment, experience, and influence. In this section, we will concentrate on the first step. In this step, we will explore a few blockchain use cases. They are as follows:

• Real property registry and transfer of ownership
• Know your customer
• Invoice factoring

Government – real property registry and transfer of ownership

Real properties are recorded and maintained by governments, mostly at the local government level. For example, a country assessor is responsible for recording and maintaining the country's property records. Although a few countries...