From an IC pov, I unfortunately don't see how would this make much if any sense at all, unless it was limited to just making a shinier version of the list of publicly wanted individuals or something. A fancy bounty list so to speak.
Basically, I think the way this would work is that it would just be a list of public bad guys that anyone could access. For example, I have no idea that there already is publicly wanted people RP-wise. To me, it sounds like it would be an electronic list of wanted posters with a little description about who they are and why they're wanted.
And I understand about the whole hiding of the missing nins because they're shameful, but we don't have to exactly follow the Naruto canon. We already don't.