I think we have some conversational difficulties (using words differently, perhaps different understandings of what's going on) that is making it hard to have a decent discussion, so I'm going to conclude with where I think we agree.

Some system roughly like this has potential use cases, even if it may be unsuitable for others. While I wouldn't expect a public company to store their financials in it, there is a lot of data that is held less tightly out there.

And more speculatively, "The street finds its own uses for things." Who knows what obvious-in-restrospect thing emerges. Maybe after 10 years and some evolution, commercial software and data systems live in a system like this and purchases are ledger operations, so the user-base of a given product becomes the distribution platform.