In a naive implementation, yes. But to implement this properly, the real estate title should and would not serve the same purpose a bitcoin 'title' does via it

In a naive implementation, yes. But to implement this properly, the real estate title should and would not serve the same purpose a bitcoin 'title' does via it's private key. In case of bitcoin, a private key is literally the ownership of the bitcoins. In case of real tangible assets, the private key would serve as a pretty solid proof of ownership (but not THE ownership itself). So, in case of a dispute over the ownership of a real estate property, you can point out that you had the ownership of the property via the blockchain. In case of a theft of the keys, you must provide supplementary documentation regarding the prior ownership of the stolen keys. A pretty neat solution for the blockchain identity is being described by Vinay Gupta[1]. A simplified version is, imagine if the private key using which you purchased the house is stolen from you, then in front of the arbitrator, you present receipt from Amazon, where you used your private key to pay for goods which were delivered to you in your name, an affidavit from your bank which shows that you did business with them (using your real identity) and connected with your private key. All these 'documentation' (which Vinay Gupta describes as 'insurance') is very hard for the thief to produce. The same is not the case with bitcoin theft, where loss of private keys means loss of control of the assets (and not merely a 'dispute'). I hope that helps to explain it. 1. https://medium.com/humanizing-the-singularity/a-blockchain-solution-for-identity-51fbcae94caa https://medium.com/humanizing-the-singularity/a-blockchain-s...