Method and system for recording and enforcing encumbrances on assets using multiple secure, immutable ledgers

A method for recording and enforcing property records using a plurality of secure, immutable ledgers, the method comprising:

• causing, by one or more processors, a first ledger entry to be recorded on a first secure, immutable ledger, the first secure, immutable ledger being maintained by a first plurality of nodes under a first consensus mechanism and a first permission model, the first ledger entry comprising a cryptographic token associated with ownership of an asset;
• generating, by the one or more processors, a set of executable instructions that executes or enforces at least one encumbrance associated with the asset;
• and
• causing, by the one or more processors, a second ledger entry to be recorded on a second secure, immutable ledger, the second secure, immutable ledger being maintained by a second plurality of nodes under a second consensus mechanism and a second permission model, the second ledger entry including the set of executable instructions,
• wherein the second secure, immutable ledger provides a lower degree of decentralization relative to the first secure, immutable ledger.

A non-transitory computer-readable medium coupled to one or more processors and storing instructions thereon, that when executed by the one or more processors, cause the one or more processors to:

• cause a first ledger entry to be recorded on a first secure, immutable ledger, the first secure, immutable ledger being maintained by a first plurality of nodes under a first consensus mechanism and a first permission model, the first ledger entry comprising a cryptographic token associated with ownership of an asset;
• generate a set of executable instructions that executes or enforces at least one encumbrance associated with the asset;
• and
• cause a second ledger entry to be recorded on a second secure, immutable ledger, the second secure, immutable ledger being maintained by a second plurality of nodes under a second consensus mechanism and a second permission model, the second ledger entry including the set of executable instructions,
• wherein the second secure, immutable ledger provides a lower degree of decentralization relative to the first secure, immutable ledger.