This reminds me of http://www.bitland.world/
Seems a bit tricky though, how can you put an asset like property/land/real estate on the blockchain that is:
- Not run by a government
- Have different laws per state/province/etc on property taxes. (I guess it wouldnt matter if theres no taxes! maybe transaction fees?)
- With buying assets like gold on the blockchain they have 3rd party companies audit and make sure the gold is real and accounted for. How would you do that for an entire nation?
I don't think the government will pick up technology like this for at least 10 years, but an interesting project nonetheless.
RE: A Simplified Taxless State: A Proposal (part one of three)