Seems very reasonable to me. It captures what blockchains provide over a more typical database-backed solution.
It turns out though, that not many problems need their solutions to have all of these qualities, making blockchains largely a solution in search of a problem.
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[ 0.26 ms ] story [ 22.9 ms ] threadhttps://csrc.nist.gov/publications/detail/nistir/8202/final
edit: you can see that if you look at the bottom of the imgur picture as well
It turns out though, that not many problems need their solutions to have all of these qualities, making blockchains largely a solution in search of a problem.