@idunique Wonderful example! It can also be used to store technological patents and information. Like a blockchain based library where everyone has access to any sort of information FOR FREE. Like Steemit for instance. And so on.
There are thousands of ways to use the blockchain techology for the betterment of our lives.
You've said it all, so much potential.
I played with this in the past:
https://steemit.com/steemit/@surpassinggoogle/how-i-eventually-secured-a-patent-for-2-of-my-sport-related-inventions-using-steem-technology