I need to write an post about this. Is there any centralized legacy company that has successfully transitioned to blockchain? I am thinking that many of these companies even Facebook will have a hard time integrating their own crypto into the platform. For the incentives to truly be alined the would need to tokenize their stock shares much the way Steem already works. I am going in deep but I just have a hard time seeing how they will decentralize it. Looking back at many other pre-Internet companies only one made the post-Internet transition, which was Microsoft. Blockbuster should have saw Netflix coming a miles away but they failed to transition. What do you think? How will the these legacy companies make the transition to blockchain or will many of them fail to?
Yup, by postponing.
I need to write an post about this. Is there any centralized legacy company that has successfully transitioned to blockchain? I am thinking that many of these companies even Facebook will have a hard time integrating their own crypto into the platform. For the incentives to truly be alined the would need to tokenize their stock shares much the way Steem already works. I am going in deep but I just have a hard time seeing how they will decentralize it. Looking back at many other pre-Internet companies only one made the post-Internet transition, which was Microsoft. Blockbuster should have saw Netflix coming a miles away but they failed to transition. What do you think? How will the these legacy companies make the transition to blockchain or will many of them fail to?