The fundamental issue remains though. It’s all that legal framework off-chain that implements and enforces property rights in the real world.
Having the data on chain doesn’t really help anything. All that matters is who the authority choose to see as the owner. They may as well operate the registry as they can choose to ignore it if they wish.
Having the data on chain doesn’t really help anything. All that matters is who the authority choose to see as the owner. They may as well operate the registry as they can choose to ignore it if they wish.