The distributed-ledger approach to representational infrastructure that de Soto has increasingly advocated — immutable, verifiable records of ownership that do not depend on centralized government institutions.
Blockchain-based property registries represent de Soto's technological extension of his institutional framework. In his later work and advocacy — including his 2024 LABITCONF appearance in Buenos Aires — de Soto has articulated a vision in which blockchain, artificial intelligence, and digital infrastructure converge to create the institutional foundations for economic inclusion that physical property registries alone cannot provide. A blockchain registry performs the functions de Soto identified for formal property systems — fixing economic potential, integrating information, creating accountability, enabling fungibility, networking people, protecting transactions — without requiring the centralized government institutions that have historically been prerequisites for property systems. For the AI economy, blockchain-based registries for digital assets, including software products, could close the representational gap that currently renders extralegal intelligence dead capital.
Blockchain-Based Property Registry
In The You On AI Field Guide
The appeal of blockchain registries to de Soto's framework is structural. Physical property registries require centralized authorities — county recorders, national cadastres, government ministries — whose trustworthy operation depends on state capacity that many developing countries