Have been playing around with smart contracts lately and I had the thought that in a world where major life decisions and purchases are mediated through smart contracts and consensus networks, we'll need something more substantial than a button press.
Signing documents has a certain amount of emotional weight and ceremony to it that clicking a button does not.
People are much less likely to sign away their property than they are to mistakenly click it away.
Maybe if you had a key that you only used for special, high priority actions
@zacharius Actually, it's a bad idea in case you lose it, I think anything life changing should be done IRL in pen+paper, or by some form of electronic ID that you'd have to scan and enter a pin? Probably infringes on privacy though and not everyone would like that. I'm not sure, it's a tough one. Maybe for big choices there should be a cooldown period before everything is finalised and confirmed.
@BruceJia @zacharius I like it, although verifying location would be a major hassle without the satellites being linked into the blockchain in some way to prevent spoofing etc. Is there such a thing as verified location? I think smart contracts can't be done for important decisions but perhaps I just lack the foresight.
@liamcottam @BruceJia @zacharius FOAM.space is creating a proof-of-location system that complements GPS https://blog.foam.space/introduction-to-proof-of-location-6b4c77928022
@duane @BruceJia @zacharius an interesting read, however I doubt it's feasible the way they're suggesting (mesh networks), it seems more likely we'll have to wait for GPS OCX until provable positioning will possible. Plus, imagine having to pay every time you wanted to prove your location. I think we really need to figure out the energy/climate issues and whatnot before we start plonking IoT devices everywhere and making them hash away, massive waste of electricity given our current state. Still interesting
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