In one embodiment, the registry facilitates the ability to transfer rights to relatives, assignees, or heirs over time, the ability to allow attorneys or other agents or relatives to access property, the ability to track, maintain, hold, and sell rights separately from current owners, but still associated with property, and the ability to prevent someone or another entity from registering something technically already owned (e.g., “domain squatting”).
The registry may also enable the ability to change and manage control over time, the ability of a homeowner or property owner to sublease out their physical property to another person, but retain control of the virtual property rights (e.g., restrict sublicense rights for a tenant), and the ability to prevent other users from trying to control, monetize, or otherwise inappropriately take advantage of the virtual real estate associated with the property for which someone already owns such virtual rights.