Blockchain: The potential technology for the next generation business model


Overview With all the industries that Blockchain is poised to disrupt, one of the side effects that will come of it is a change in internet business models. There are many different classifications of these decentralized applications powering business models, each with its own set of functions and use cases. The blockchain enables decentralized ecosystem by which goods and services can be exchanged in a way that’s vastly different than what we’re used to. These ecosystems are referred to as dApps or DAO’s (Decentralized Autonomous Organizations). Blockchain are an example of a distributed computing system with high byzantine fault tolerance. [...]