[HideousKojima]

>The underlying technology is still innovative and enables novel solutions.

The only situations where blockchain provides novel solutions is where you need something to be absolutely trustless, and even then the trustlessness is limited to things that happen on the blockchain. The moment the blockchain has to interact with the real world outside of the blockchain you get back to problems of trust.

The range of problems that such technology is capable of solving is incredibly small. 99% of problems that I see people claiming are "solved" by blockchain were already solved by a boring old normal database like Postgres, or a distributed database like CockroachDB, or a distributed consensus algorithm like Raft. All of which are several orders of magnitude faster and more efficient than using a trustless, distributed blockchain.

Please name a single real-world problem that you believe blockchain "solves."