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Comment by PureTrust
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Two basic things happen in the transfer of bitcoins: 1) two Bitcoin addresses “talk” to each other in an encrypted “language” that only they can understand; 2) in the “talk,” a simple number disappears from one address, and appears in the other address. Five things will make blockchain technology really powerful: 1) same as 1, above; 2) the si9mple number in 2, above, becomes a string of numbers and letters and/or other characters that never change, which include (perhaps at the end of the string) a property identification number (like a VIN for a vehicle); 3) anybody can enter a new ID# at the end of some string (the first part being created by the program); 4) once the ID# is entered, it is compared with all ID#s in the blockchain to make sure it doesn’t exist already; 5) this ID# becomes the method for property transfer of the property it represents, rather than the simple transfer of digits like Bitcoin does.

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