| Author | Message | ||
Vidhata Side Hero Username: Vidhata Post Number: 2282 Registered: 03-2009 Posted From: 49.205.4.49 Rating: N/A |
But I read somewhere every one in the system has to agree ani undi but I will read more. | ||
Chitti_babu Megastar Username: Chitti_babu Post Number: 28425 Registered: 03-2012 Posted From: 165.225.39.58 Rating: N/A |
Eti ee sodhi ..........chusss | ||
Awesomedber Side Hero Username: Awesomedber Post Number: 4005 Registered: 04-2015 Posted From: 131.107.174.180 Rating: N/A |
 You are really worth the hype  | ||
Vidhata Side Hero Username: Vidhata Post Number: 2277 Registered: 03-2009 Posted From: 49.205.4.49 Rating: N/A |
Idi arachakam asala, asalu atla etla kudurutundi andi and for what purpose? may be 10-20ft madhaya unna oil naadi ana?? nenu ekkado chadivina gurutu Indian laws prakaram we dont really own the land anta we can just enjoy the land but if govt wants its theirs, even constitution lo kuda undi anta.. | ||
Platypus Side Hero Username: Platypus Post Number: 9033 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
3rd party evaru? Endhuku oppukovaali? Nee land naaku ammithe - that record is on the ledger. Anyone can browse the ledger and get a timeline view of what happened to that land. Last transaction in this case will be your public key transferring the land to my public key. So they know that I own the land now. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Platypus Side Hero Username: Platypus Post Number: 9032 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
By the way, I am not an expert in blockchain. So, take all my words with a pinch of salt. I am sure ikkada hemaahemeelu unnaaru ee field lo. Wait for their inputs. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Vidhata Side Hero Username: Vidhata Post Number: 2276 Registered: 03-2009 Posted From: 49.205.4.49 Rating: N/A |
missed this point bro but as an example naa land meeru konte dani ki 3rd party kuda oppukovali kada? how will rest know this transaction really happened or its a fake? | ||
Platypus Side Hero Username: Platypus Post Number: 9031 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
Completely agree. There are other dimensions as well. Was talking an oil giant the other day - who is into offshore and onshore drilling for oil. Apparently land ownership has a vertical flavor also to it. (For instance, you own only up to 10 feet from the gound level. After that, it is owned by someone else till 20 feet. Then someone else too.) So if someone needs to drill for oil, they need to enter into an agreement with all those people/organizations as well. So land records have to contain not just the surface level data but the vertical ownership as well. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Platypus Side Hero Username: Platypus Post Number: 9030 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
You can't trust a copy of a document that resides on the blockchain. The party that needs this document has to get it directly from the blockchain. Since a hash of the document is recorded when a document is uploaded, the person who needs to get the document - can download the document - create a hash and compare the hash with the hash recorded on the distributed ledger. Even if a single character changes, the hash will be different. So you are assured that you are looking at the right version of the certificate in this case. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Vidhata Side Hero Username: Vidhata Post Number: 2275 Registered: 03-2009 Posted From: 49.205.4.49 Rating: N/A |
This is very tough to do ani gatti abhiprayam due to inherited land issue in India (I dont know about other countries) naa experience atleast 70-80% properties were never sold in a generation they are passed on one generation with out proper Will or partition documents in those cases lot of issues unnayi to decide who owns the property, govt records suggests one person but as per law there would be multiple. Records (sale deeds) lekunda unna lands konni lakshala acres undi untayi, vatillo govt records lo intiki peddakoduku or evaru lancham ichado vadi peru untundi abbo chaa racha undi but has to solve this at somepoint | ||
Platypus Side Hero Username: Platypus Post Number: 9028 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
Blockchain is not a new technology. You can do the same using existing tech too. It is just one way of doing it. Everyone has a copy of the ledger. If you change something on the ledger at your end, it is not in sync with the established version of truth that everyone shares. So the change is rejected at the protocol level. That's why it is important to note that blockchain makes sense only in a cross-org/trust boundary situation. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Tadi_mattayya Junior Artist Username: Tadi_mattayya Post Number: 488 Registered: 02-2017 Posted From: 64.128.22.8 Rating: N/A |
Thanq for the detailed description.. it does help. Looks like the validity of initial digitization process is the key for this to be successful (in this use case) | ||
Vidhata Side Hero Username: Vidhata Post Number: 2274 Registered: 03-2009 Posted From: 49.205.4.49 Rating: N/A |
bro, naaku blockchain ardam ayyi malli ardam kani paristiti lo unna, oka chinna question transaction is immutable antunnaru blockchain lo, but code anta mana daggare untundi and DB manadaggare untundi, what if a developer or admin decide to change some values from backend?? But encrypt cheyyadam valla change cheyyalekapovachu but adi existing setup lo kuda cheyachu kada?? why do we need blockchain for this? in public domain like registration dept, if we encrypt something we need a way to decrypt also like for encumbrance certificate, so inka ela trust chestam system ni?? as of now, encryption keys unnayi Tahsildhars daggara avi lekpote records change cheyyaleru but still people are making changes, it would be same in future kada | ||
Platypus Side Hero Username: Platypus Post Number: 9015 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
Use case remains the same as the actual process of doing it in the real world manually. The steps will be automated through smart contracts and the data is immutable (can't be modified). So tracking the ownership of a plot, for instance, becomes easy and you can avoid multiple registrations of the same piece of land. Just thinking off my hat - here are the steps 1. Definition of a digital token that pertains to a piece of land in the real world. 2. Any transactions on that digital token persisted in a distributed ledger - with a hash of the supporting documentation as well. Each party has a digital identity on the chain. So the person who is selling the land has to mention the person who is buying it. 3. Value of the land is recorded as well. A smart contract can compute the tax overheads and create a transaction to issue a tax notice to the owner (just an example) What prevents you from defining two different digital tokens for the same piece of land? As long as the land records are digitized by the government, they have some sort of an id - The id on the blockchain refers to/pertains to that id. In an ideal world, the land records themselves are on a distributed ledger. You define the various parameters that can uniquely and unambiguously identify a piece of land. (For instance, GPS coordinates of all corners of the land - and probably more such inputs) - Then convert the land that is being traded into a digital token using those parameters. Once it is digitized, system will not allow you to create a duplicate entry for the same land. Use that digital token to record transactions on blockchain/DL. Eppudanna to prove ownership or history of the land - you just have to track all transactions for the digital token. Getting an encumbrance certificate for instance is no longer necessary. Of course, this is purely off my hat - chaalaa complications untaayi and the system should be designed in a proper manner with lots of workshops, whiteboarding, JADs etc. Hope it helps. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Tadi_mattayya Junior Artist Username: Tadi_mattayya Post Number: 487 Registered: 02-2017 Posted From: 64.128.22.8 Rating: N/A |
Layman terms lo pls describe the usecase for Blockchain in India Property Registration/sales. | ||
Platypus Side Hero Username: Platypus Post Number: 9011 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
https://www.technologyreview.com/magazine/2018/05/ This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68553 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
MIT dhi link ivvu please | ||
Platypus Side Hero Username: Platypus Post Number: 9009 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
Read this too: https://hbr.org/2017/01/the-truth-about-blockchain Inka objective point of view kaavaali ante - Go through MIT's Technology Review - latest magazine which is completely about Blockchain. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68551 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
veedi voice baagundi https://www.oreilly.com/ideas/steering-around-blockchain-hyp e?utm_medium=email&utm_source=topic+optin&utm_campaign=aware ness&utm_content=20180604+webops+nl&mkt_tok=eyJpIjoiTkRabE5E WXpObVUzWldRMSIsInQiOiJ5SU1vYkRrczRXNFJ3T3MrRVpVXC9JWCtUMWVk NGN4NFVYTnd0SkNzaFA3WURMS0YyUTJBdlNIcUNkRGluN3c2YWxCTzJjNHNB VDR3QmJ3SkEzN2Z6dEZkVjI3bUFVRUlSVVwvdEdNQXNFT0pXMzc1ckFpd2lE akZcL2Y5NW5OTnVqdCJ9 | ||
Platypus Side Hero Username: Platypus Post Number: 9007 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
Blockchain is a way of storing data. It is an architectural pattern. Anthe. You can do that with existing technologies. In fact avannee existing technologies yeh - just stitched together in a particular pattern so as to have "trust" as an inherent characteristic of the system. Can the same be done without the name "blockchain"? Yes Is Blockchain the same as Distributed Ledger? No. Is Blockchain for everything? No. 90% of it is just hype. 10% realistic use cases now. Can it change the world? Yes. Provided you cut through the hype and use it specifically in places where it makes sense Where does it make sense? --> Is your business process crossing organizational trust boundaries? --> Do multiple orgs/departments that don't necessarily trust each other completely - need to work on the same set of data? (Not just accessing it but adding to it as well) --> Does your process include mundane and manual verification steps just to bring trust into the picture? --> Are there any intermediaries that control your single source of truth? These are the four basic questions that you need to answer before even considering a business process re-engineering task that lends to a down-the-line implementation of a technology solution - where a distributed ledger may play an important role. Is Blockchain by itself a game changer? No. Blockchain is generally one part of the picture. You need secure off-chain storage, off-chain processing, integration with OLTPs, hooks to analyze the data and run ML models on it. If you look at a blockchain use case - tech architecture, 90% of it is not blockchain related. Proof of work? Mathematical problems? One way of ensuring trust is in the protocol level. Anthe. Enterprise use lo konni features of Blockchain - light teesukuntaaru - For instance, trust being implicit - Since enterprise consortiums lo there are no untrusted actors or nodes kaabatti you don't have to use proof of work and the processing overhead that comes with it. So you can change to Proof of Authority for instance if you are using Ethereum. Alaa konni light teesukunte you will get to around 2000 transactions per second - which is exactly the number of transactions cleared by Visa or Mastercard - so they can look at this pattern with interest. Had a no-nonsense chat with Ajay Bhalla (Mastercard) last week in Oxford University and while he sees great potential in blockchain, he feels the same way about the current hype. IN his own words - "A lot of the talk today is spiritual. We have to wait till the conversation comes to a practically plausible level." So, Blockchain isn't good? I didn't say that. I believe that Blockchain is a gamechanger provided it is properly conceptualized and architected - and works with other great innovations of the ML age. I am working with NITI Aayog right now to define what IndiaChain should look like (India wide blockchain ledger that citizens, government, public and private bodies can interact with). Lots of challenges and moving parts. We will get there. But at the moment, to quote Ajay Bhalla again - it is borderline spiritual stupidity and most folks have no clue what blockchain is all about - and think cryptocurrency is what it is all about. This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68548 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
Mari mareechudu yenti Blockchain is database lady_abba antaadu | ||
Platypus Side Hero Username: Platypus Post Number: 9006 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
correction: Blockchain is NOT a technology annadu Gagu This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Platypus Side Hero Username: Platypus Post Number: 9005 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
"Gagu" "Cheppu Platy" "Bhagavad Gita lo Krishnudu emannaadu naayana?" "Emannaadu Platy?" "Blockchain is a technology annaadu Gagu" "Avunaa Platy?" "Avunu naayanaa - inka velli nee pani nuvvu choosuko. Prapanchaanni mundhuku nadipinchu." "Alaage Platy" This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Speaker Hero Username: Speaker Post Number: 17649 Registered: 06-2016 Posted From: 205.194.127.36 Rating: N/A |
edo okati le..coino chaino... motthaaniki...100 mandi daggira denkesi...okkadini baaguparustunnaaru... soodabothe antha fake naayyaallu companylu pettesi...dabbulu denkestunnaaru janala daggira.... andhra blockchain ani edanna tech ni copy chesi denki...modi gaadiki ammidenku...chetanayithe... You are Either with Us or NOT with Us.. My Way or Highway....... | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68547 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
Bitcoin kaadhannay....Blockchain gurinchi choosthunnaa | ||
Speaker Hero Username: Speaker Post Number: 17648 Registered: 06-2016 Posted From: 205.194.127.36 Rating: N/A |
Gaggu...nee l lodi..neekenduku ivanni... already sethulu kaalayi...ikkada.. nuvvedo aa organic farming chesi...dasadisa nirdesam cheyyi db aaam janata ki You are Either with Us or NOT with Us.. My Way or Highway....... | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68546 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
annaay yetidhi...annee bokkale kanapaduthunnayi tech lo...mari yeellemo intha hype isthunnaaru https://www-03.ibm.com/press/us/en/pressrelease/53602.wss | ||
Platypus Side Hero Username: Platypus Post Number: 9003 Registered: 01-2008 Posted From: 167.220.196.238 Rating: N/A |
Please accept my sincere apologies.  This world appearance is a confusion: even as the blueness of the sky is an optical illusion. I think it is better not to let the mind dwell on it, but to ignore it. | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68545 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
Platy ankel vachi yee scam gurinchi apology cheppaali | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68543 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
2) Blockchain ante Distributed ledger aaa? Entirely replicated on each user's system ante distributed anaa kavi baavam? | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 68542 Registered: 10-2009 Posted From: 203.129.196.58 Rating: N/A |
Just started...so pardon my ignorance 1) Elagelaga? Proof of work aaa? mathematical problems mostly toy problems solve chesthe incentive laa isthaaraa? antha processing power karsetti endukuraa bujjaa? what value are you creating? |