4 Everyday Industries Blockchain Technology Is Changing
May 10, 2018
We are currently in the midst of the second dot-com-type boom -- this time it’s “the blockchain boom.” Just as the internet changed every aspect of the business world, many believe blockchain technology is the next breakthrough.
Not only is blockchain altering industry norms, but it’s also challenging organizations to re-think how and why they implement new projects. The decentralized philosophy behind blockchain technology is flowing into team structures -- for the better.
Ivan Goldensohn, CMO of Dispatch Labs, a blockchain architecture which facilitates the development of secure, decentralized, peer-to-peer applications, believes that taking a decentralized approach to leading newly-formed blockchain team efforts is integral to success. Goldensohn says, “I’m all about autonomous elements on my team. By establishing trust and granting autonomy, people tend to be more creative, more engaged and do better work.”
As organizations aim to disrupt a range of industries, it will be crucial for teams to implement organizational structures that parallel the decentralized nature of blockchain technology. Powered with secure, decentralized protocols and revamped attitudes toward decentralized management, blockchain has the potential to spark rapid progress across every industry. Here are four everyday industry use cases to give you an idea of how this is all unfolding.