How Blockchain Technology Will Affect Business Platforms blockchain | Page 18

A see Quid what network the map future shows of the blockchain co-relation looks like between than “blockchain the present and future” (McCuan, to 2017). In the connected network view we can see that there are some prominent differences the adoption of blockchain outside the financial sector. We can notice that blockchain’s future steers more towards the music and arts sector where this technology would help the creators to protect and secure their work’s copyright. In Corporate view point Blockchain is a technology that will open the doors for Internet 3.0 and newer business platforms. Companies are racing to adopt this technology and apply it to their business models to gain a first mover’s advantage. Just like horse driven carriages were replaced by automobiles which changed how we travel. Blockchain holds the power to transform the entire business processes. Further down the road as adaptability of this technology increases it will play a bigger role in health care, insurance, renewable energy and medical records as well secure communication for civil and defense purposes.