By design nothing in the chain can be altered. But of course you could have a block indicating “person X is now person Y”. But you can always read that Y was at some point X (and at what point the change happened). That would not be good, as it would be a public ledger of all trans people. It would also make things like witness protection impossible because inserting a block “today in 2024, person W was born in 1974” is very suspicious
There is a famous experiment , where a person gets 100$, and have to offer an arbitrary percentage of that to a stranger. If the stranger declines, both get nothing.
From the strangers perspective, getting offered even 1$ is a win, but the vast majority rejected anything below 30%