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Furthermore, even if a government authority says that the token actually represents the house, what then happens if the token is stolen? Does t…
…amount of ETH. Here’s the problem. Bob needs to trust that the token actually represents the house. There has to be some Oracle that ensures the transfer of the house token to him actually means that the house is his legally.
…wnership. There’s a need for the digital world to “know” about the physical world. This is known as the “Oracle problem”.