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?
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?