You may want to get an answer for few of the below questions before concluding on the need of BlockChain
- Are there multiple people / party who need to view / interact with the data ?
- Is there a challenge in trusting various parties who view / interact with the data ?
- Is there a 3rd party in the business ?
- Do you want to remove the existing trusted 3rd party relationship, as there may be heavy cost involved?
- Is the business requires to for multiple parties to change / update the shared data ?
- Should all the parties be able to agree on the rules of who/how/when data can be updated?