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let me explain the principle scheme of the most mature way of managing property rights on blockchain my name is alexi kanoshev and im continuing the set of videos devoted to the concept of blockchain estate registry on the blockchain state youtube channel in one of the previous videos i explained why a custodial model is not sustainable in the long run also i explained the concept of jurisdictions on blockchain to ensure legal governance including resetting the whole system or redesigning rules but not losing a single transaction i also explained why the concern about the immutability of records is false many people are worried that post factum changes cannot be done in the history of blockchain transactions i showed that there is no need to wipe out or change anything retroactively and presented a high level concept of the proper design of the registry system and in this video i explained the basics of designing blockchain applications including the ways records such as title tokens
