There are two aspects of Blockchain: the hype and use cases. We don't know if it will provide value in a concrete way, yet. But the results are, for the most part, uniform: you can trust the blockchain infrastructure and focus on the data it conveys. This means that we don't have to do too much analysis on the central management system.
Given the state of corporate law, adopting a blockchain infrastructure could become a competitive disadvantage from maintaining an indelible chain of data, and that's a problem. Why maintain indelible, validated data if it is not required in court? Why not structure an opaque company to produce the minimum amount of reporting compliance, to lower legal risk and, hopefully, to maintain an advantageous information asymmetry. What's the point of a blockchain if validated transactions produce a competitive disadvantage in a court of law? Even if a blockchain makes data processing more efficient, I still don't want to lose a huge swath of revenue in an IP infringement claim or shareholder derivative suit because I adopted a standard for accurate data providence that the law doesn't require.