07 Jul Are you going to be a #Blockchain leader or follower? Here is a quick way to decide via @McKinsey
A company’s optimal strategic approach to blockchain will fundamentally be defined by the following two market factors, which are those they can least affect:
- market dominance—the ability of a player to influence the key parties of a use case
- standardization and regulatory barriers—the requirement for regulatory approvals or coordination on standards
Sourced through Scoop.it from: www.mckinsey.com
WHY IT MATTERS: it is essential to position your company as a leader or follower regarding regarding any new – and possibly disrupting – technology. This article explains how to determine your strategic position regarding the blockchain technology.