Blockchain and Its Impact on Business Success

Published on January 19, 2023

New technologies force companies to change, disrupt their entire business models, and inspire them to create new ones. Just think about the internet: while some companies were successful in tapping into its potential, others missed the opportunity. It brought about the decline of brick-and-mortar shops and traditional media companies, but gave birth to the biggest tech companies we know today. The next imminent question is, which technologies of the future will have a similar impact? In this article, we look at blockchain, exploring some of the most fascinating use cases and developments.

Rather than the technical depth of how blockchain works, as monetization experts, we are always most interested in the commercial opportunities of a new technology. Still, before getting into the monetization potential of blockchain, let’s quickly highlight its key properties and benefits. Technology gurus Don and Alex Tapscott do a good job of summing things up: “The…