Mike Kenneavy
Jul 25, 2017 · 1 min read

This is a centralized solution. Ethereum is a far better platform for handling transactions such as these. A decentralized solution using smart contracts can be built there eliminating the need for Velox and whatever fees you hoped to charge by becoming the bottleneck in the flow.

Fortunately for you, the hard part is done. You’ve spent the time underpinning the legality of the transaction on a blockchain. Now all that remains is to use a more suitable chain to build a dApp and expand beyond the simple matter of conveying ownership of an asset. On a turing complete blockchain like Ethereum, this task will soon become trivial. Time to stop working within an archaic system and work on building a new system of transferring ownership from the ground up.