Unfortunately, the database cannot be trusted by virtue of its centralized nature and administration (even if that centralization is justifiable, for example to protect everyone's privacy). The hardware may be objective, but people are not - people lie cheat and steal when they can get away with it - and there are simply too few separate and competing interests to hold the small number of people with access to the database and tools accountable for their inevitably selective use of them to ensure their objective application. We have seen centralized data collected and used for private interests (and books censored, and guns regulated, and...) in the past, be they fascist governments or police protectionism (lying under oath; evidence tampering; racial "profiling"), economic fraud, etc. It is human nature to use one's control to his advantage, and it is simply too tempting for police to shoot first (detain, seize, etc), especially when it is in their interest, and ask questions later (check the database for cause; use "parallel reconstruction"; incriminating speech taken out of context).
It would be worse if that extended all the way to conviction, but it presents the same kind of problem for arrests, detainments, and searches, etc, since it is effectively the word of the administrators (who we trust not to abuse the data and tools) against the person arrested. The more centralized the data and tools become, the less we can trust them to be applied objectively without accountability.
Unfortunately, there are no checks and balances on absolute power (centralization), and so we cannot allow centralization to continue indefinitely. Absolute power corrupts, absolutely, and it is my "thesis" that arrests are not a suitable application of these tools. The risk is too great. Police already have a high level of responsibility (the authority, training, and tools/weapons to control use by force) and what feels like decreasing accountability (because the kids, because the drugs, because I said so, because I can, because of cronyism, and because wealthy people don't like hearing criticism), and since they are none the less "only human" - I don't recommend giving them more.
Granted, you are merely describing a potentially objective algorithm, but my point is that the objectivity of any given tool is moot given the human element. Guns don't kill people, people do, and will continue to do so even with checks and balances (like laws against murder; if prevention was the goal we fail daily). It is only the distribution of accountability (peer juries, private key sharing, democratic voting, citizen groups, etc) that keeps such roles in check.
Anyways, thanks for the opportunity to flesh my thoughts out more.