Add README.md file for use-on-block-drop component #52078

What problem does this address?

The use-on-block-drop component is missing a README.md file. As per #22891

What is your proposed solution?

Pinging original creator of this component @talldan. and other recent committer @kevin940726, if you have the bandwidth could you add a README.md file for this component. Thank you.

This README is a good example to follow.

Please let me know if there's anything I can do to help with the creation of the README.md file for this component.