From Centralized to Decentralized? That Horse Is Out of the Barn

Written by brandonbidlack | Published 2019/08/09
Tech Story Tags: cryptocurrency | blockchain-adoption | blockchain-application | decentralization | crypto | centralization | business-model | latest-tech-stories

TLDR Decentralization driven by blockchain and token economics has the potential to disrupt many different parts of the centralized business model. Facebook’s Libra cryptocurrency announcement, more and more “traditional” companies are evaluating how to embrace blockchain and crypto to achieve their financial and strategic goals. Centralized business models engender their own cost structures, corporate cultures, and financial obligations. Decentionalization uses many different technical and incentive mechanisms to avoid that power balance shift and resulting bait and switch.via the TL;DR App

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Written by brandonbidlack | 20 years of tech marketing. Cofounder @ SesameOpen, powering the next era of decentralized commerce
Published by HackerNoon on 2019/08/09