I think won't work exactly the way you want, you'll need at least Recovery working from the T2 storage since it's from that Recovery that you access
StartUp Security Utility.
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The NAND blades are proprietary and we probably won't see any 3rd party doing it. Even if some 3rd party makes it, how do you pair it with the T2. Only Apple can replace/pair it.
T2 can be revived after bricked using Apple Configurator from another Mac, but the pairing process itself can't be done by it.