I'm not sure if it solves any problems, but I think it might, for a couple of reasons:
* it's provably fair, with no reliance on a trusted third party to provide a fair random number, with fair being defined as a random number that none of the participants can predict / obtain foreknowledge of.
* propagation might be faster than what can be achieved through the internet, because dedicated broadcast channels are being created for Bitcoin blockchain data, like the BitSat program, which will broadcast Bitcoin blocks to the entire planet via a cluster of 24 nanosatellites, or the Kryptoradio project, which broadcast the data over radio in Finland.
* it's provably fair, with no reliance on a trusted third party to provide a fair random number, with fair being defined as a random number that none of the participants can predict / obtain foreknowledge of.
* propagation might be faster than what can be achieved through the internet, because dedicated broadcast channels are being created for Bitcoin blockchain data, like the BitSat program, which will broadcast Bitcoin blocks to the entire planet via a cluster of 24 nanosatellites, or the Kryptoradio project, which broadcast the data over radio in Finland.