Sorry, but your explanation is undecipherable.
Almost any teleprocessing computer program can be described that way.
Read your explanation to anyone and ask them to explain what you just told them back.
No it’s not. It’s perfectly decipherable. The difference between blockchain and the teleprocessing you’re referring to is scope. Blockchain is specifically designed to be able to handle infinite movements of infinite objects. It is the same core tracking concept that’s been going on since the earliest days of shipping ledgers writ infinitely expandable. It’s a system that allows GM to track every single bolt from manufacture by their supplier through to replacement in a repair years after the car is purchased.
Only reason you think it’s undecipherable is you want it to be. Out here in reality it’s actually very straight forward. It’s a ledger merged with peer-to-peer networking with a touch of cryptography for data integrity. It’s actually in use right now in many places. It is a clearly understandable technology if you’re willing to open your brain. And if you’re not, well then nothing can make sense.