Take it or leave it, disruption is a normal process in life that we must all go through.
Change is normal and it is not how this change occurs that makes the process but how we respond to change that is the most important thing.
Blockchain technology like it or not is on the rise and it is this disruption that will occur in the next decade.
The great thing about it, however, is that if anyone is properly positioned, such as a person can catch the trend and be ahead in his or her industry of focus.
The following points below depict exactly how blockchain technology will disrupt industries.
Blockchain Technology Industry Heavyweights Now Play by Everyone’s’ Rules
One of the signs of greater adoption of blockchain technology is the fact that the heavyweights that are within the Blockchain Space now play by everyone’s rules.
This has created a paradigm where easy entry of new players into the blockchain space has become something of a given.
This is because the Blockchain Industry Now plays by everyone’s rules and this indicates that the blockchain industry is set to disrupt many sectors.
One example of this is Revoluts recent partnership with Mastercard.
Revolut has never hidden its love for cryptocurrencies.
This has earned it a lot of bad press.
However, the fintech organization has been able to surmount this bad press and play by the rules. hence the partnership with Mastercard.
The implications of this partnership are many.
Greater inclusion of many people into the Cryptospace will occur naturally as the Revolut app allows users to buy cryptocurrencies.
New forms of linkages will be formed as Mastercard is one of those financial behemoths that encourages the use of innovation.
Many more partners will start to take advantage of this partnership as Revolut will come up with new products in new regions that directly and indirectly produce an impact on the cryptospace.
As such, disruption shall occur.
The Corporate World Will Seek Knowledge on Blockchain Technology Make Profit
What most people may not realize about the use of blockchain technology is that it is the knowledge that comes first.
Every other issue about new technology always takes a backseat when it comes to the implementation of blockchain technology.
Many key players in the technology industry have already understood this and have created solutions for others to follow.
One of those solutions is the Ethereum Enterprise Alliance that allows for the creation of cryptocurrency tokens which run on many different corporate platforms but are also created using similar standards as well.
Another similar example is the adoption of bookings using cryptocurrencies by Travala.com. Travala had invented its cryptocurrency token (AVA) and had also allowed for bookings using cryptocurrencies.
In what is a wider movement, the travel sector is somewhat cryptocurrency-friendly as airline bookings as well can be made using cryptocurrencies too.
This goes to show that many corporate insiders are seeking to know more about blockchain technology and also find use-case scenarios that can be of a profit to such corporate organizations both in the short and long terms.
This is another way disruption is occurring as regards blockchain technology.
Corporate Giants Will Use Blockchain Solutions to Solve Problems and Increase Efficiency
Now we know that when organizations grow big they always have to deal with two major issues: the existence of problems within the organization and the issue of the creation of efficiency as well.
One such example is Walmart’s usage of a blockchain solution to solve its logistics problems.
This creates efficiencies along its supply chains which leads to great savings and also profits as well for Walmart.
It also allows for the creation of a new kind of product which in itself is a disruption.
This way other corporate organizations can also suit.
It is this kind of ripple effect (as per this example) that will generate the kind of disruption buzz that will increase adoption and change the world for good.
This is how Blockchain Technology will cause disruption.