Given time, things change. As technology continues to accelerate, we discover new ways of doing things. New technology disrupts old industries we probably never thought would change. For instance, we now swipe the digital pages of an eBook, and self-driving cars will soon hit the market.
Why are disruption and innovation important? To answer this question, we need to look at the disruption that’s happening today and understand where we are headed. Blockchain technology was the brainchild of developers who believed that the current banking system was flawed. In particular, they didn't think the role played by banks as third parties was necessary. With the advent of blockchain technology, real-time transactions have become possible, while greatly reducing the role played by banks.
So, what are enterprise companies doing about blockchain-powered disruption?
Industry leaders are definitely not happy with startups making waves in their respective industries. Many large corporate entities have acknowledged that blockchain technology poses a threat to their industry and are already addressing it.
Big Blue (IBM), for instance, has an abundance of resources and is starting to use them to get ahead. In 2017, IBM unveiled a new product, “Blockchain as a Service”, which is a public cloud service that allows clients to build secure blockchain systems.
The wave of blockchain-powered disruption has dramatically changed the views of many enterprises, who are now considering using the technology in their operations.
Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.
Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,500 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.
When You Buy $150 or More at Any Coin Cloud DCM
Use promo code COINCLOUD at the machine
Enter your email for updates, promos, and more ...