Traditional firms are opening up to blockchain and its decentralised apps
TN Lee · London School of Economics and Political Science Research Online (London School of Economics and Political Science) · 2017
Many decentralised applications (dapps) are in their beginning phases in terms of technology and regulation, which for some means the future of blockchain has an uncertain look. Some investors question whether or not these dapps will be useful, and struggle as the business models have yet to be proven. Few companies have undergone a large-scale transformation to blockchain, and non-blockchain firms are nervous to invest a large amount of resources to blockchain. This attitude, however, is changing quickly.