But code isn't law. You would have to rewrite parts of the legal system to support blockchain tokens as representing actual ownership, and there's strong reasons why you would never want to, such as loss of private keys, forgetting of passwords, or security vulnerabilities, or user error leading to complete asset loss.

Otherwise you have a synchronization problem between the upcoming blockchain token system and the existing government deed registry, and of course the government registry would take preference, and has a history of working just fine for lower cost.

This video is an excellent overview of this topic: https://www.youtube.com/watch?v=YxmXIgLEAIE

I haven't seen blockchain systems as being more secure or more trustworthy. I see them being overhyped, subject to lax and magical thinking, and full of theft of coins due to hacks and scams.