The Harsh Truth About decentralization meets Blue Ocean StrategysteemCreated with Sketch.

in decentralization •  7 years ago 

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Innovation, technologies time problems with the fiat currency and advantageous Corporations who capitalize on the centralize economy for decades. All have a part to play in ushering in the new format of currency which is based on a new technology called the Blockchain which is the main an only reason for the new economy. .....

The Blockchain makes a lot of things possible by simply keeping a public copy of data for everyone to see ..... The key to the Blockchain that make it different from the traditional centralize systems. Is that it own by no one but is being run by its users so no manipulation of data or no human errors. It's encoded with its own laws through cryptography which protects the data in a ledger an is controlled base on supply and demand that's just genius

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So put your mind to work any industry can be decentralized it creates what is known as Blue Ocean Strategy where you don't compete but make your competition obsolete by removing the middle man ....Peer 2 Peer networks

RED OCEAN (Centralize VS BLUE OCEAN Decentralized

So, according to this theory, you can say that the business world is divided into two kinds of markets — the red ocean and the blue ocean. The red ocean consists of current industries, competition, and boundaries, where the rules are well-defined and competitors strive to gain market share of the existing demand between the centralize rivals. As this market gets crowded, the prospect of profit reduces or nullifies. Blue oceans come into the second side of the market, aiming to make competition relevant by tapping into a completely new market space Blockchain technology an tapping into that demand. Companies aiming for the blue ocean blockchain Economy tap into value innovation in their approach so that they can benchmark the competition. This may bring about imitators, but solves the issue at hand. With the blue ocean approach, organizations don’t focus on beating the competition but adding value to the users and thus, opening up an uncontested market space.

Truth is data is the new an most precious assets so is your mind which is why we need to educate ourselves about these new system that are taking over face it steemit is already disrupting the social networks
Let's see how long the centralized last

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