Comparing the German blockchain strategy and the Lichtenstein Blockchain Actactually isn't fair, the one is a strategy the other an act. Rather you should compare that both were published just recently.
The blockchain strategy is good and outlines a good path with great initiates. It's just that Germany seems very far away from actual law like Lichtenstein will see in the beginning of 2020.
The Lichtenstein Act solves blockchains biggest problem
The act for me personally is something I've been waiting for some time now. The act will allow rights to be tokenized.
Yes you hear me correct! Your house, car, stock etc. can be represented by a token on the blockchain. Every stock exchange will soon be run on the blockchain or be eaten up by the digital word.
The next power up for Smart Contracts
The problem until this Act is still that smart contracts can only execute code in the digital world. Therefore, Smart Contracts are, and hopefully soon were, worthless as long as the tokens were not bound to the right in our real world.
This is the reason most dApps these days are games or casino scams.
The result is that through this Act you can automate transactions like buying the car, the house or even renting with e.g. an escrow smart contract.
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