Let's take a parcel of land, 1 hectare large, and I have this already registered to myself on the blockchain. How will this be done and at what granularity? In the future I could sell this an acre each or even at a square foot. Will there be a minimal granularity that is decided? Also, how is additional information stored - like what is the specific location/address/lat-long at which this property is and what are its dimensions?
Similarly for other things like a car. If I have a blockchain confirmed ownership of a car, what if I only want to sell off one of the tyres to somebody else? How will I potentially transfer ownership of only one tyre?
Not sure if the question is relevant, but I'm unable to get my head around this qn.