Another View of Incognito Chain

We usually thinking of Incognito Chain as a Privacy Blockchain. One of the first use-cases comes in our mind is financial services, then voting, copy-right, tokenize,… In my perspective, that’s make no different from the last ten years of Blockchain Application.
But what if we view Incognito Chain as a pure immutable database, (just like SQL, NoSQL), a database with its own pros and cons and will fit in some kind of applications.
My point here is, I am looking for another view of Incognito Chain (e.g: a database above). Any idea guys, please let me know.


Maybe you could view it as a private registry for crypto assets.
Is this the type of thing your looking for?