Earlier quoted context omitted.
Open source companies could run on a blockchain and one could have a smart contract to release the source code or access to one's proprietary data upon company going out of business..
> could run on a blockchain git is literally a "blockchain", and has been since before "blockchain all the things" was cool. I honestly have no idea what you are talking about in the rest of your comment.
I think that things have the potential to go even further. A business could open a bank account and have its transactions viewable at any time or its balance queried.
The business could encrypt customer data and then release the customers' keys to the customer if the business's cash balance drops below a key threshold.