The birth of blockchain is set to disrupt the entire tech industry. Blockchain and crypto enthusiasts are calling it the Web 3.0, and it’s looking to make all traditional business models defunct.
| Industry | Traditional Centralized Giant | Decentralized Blockchain based alternative |
|---|---|---|
| Cash | Fiat / Central Banks | Bitcoin, XRP, NANO, Litecoin, Dash, Tether |
| Digital payments | PayPal, Circle | NANO, XRP, and many others |
| Insurance | InsureX | |
| Prediction / Betting | Hypermind, PredictIt | Augur, Delphy |
| VPN | NordVPN, AirVPN | Sentinel, Privatix |
| File Storage | Dropbox, Google Drive, Onedrive | Storj.IO, Filecoin |
| Computing | IBM, Microsoft, AWS | Golem, SONM, |
| DDos | Cloudflare | Gladius |
| Identity Access | LastPass, | SelfKey, TheKey |
| Web search | Google, Bing | Presearch, Faroo, Bitclave |
| Content Monetization | Medium, Wordpress | Tron, Alis |
| Supply Chain | FedEx, Alibaba, UPS | VeChain, |
| Social Network | Facebook, Twitter | Matchpool, Yours, Investfeed |
| Messaging | WhatsApp, Telegram | Echo, Tox, Riot |
| Advertising | Google Ads, Facebook | Brave BAT, AdChain, AdEx, Prochain |
| Healthcare | Helix, Medibloc | |
| Marketplace | Amazon, ebay, Alibaba | OpenSea, OpenBazaar, Dent, WAX, Syscoin |
| Event Ticketing | Tonic, Ticketsource | Aventus, cryptotickets, event chain |
| Home Rental | Airbnb | Bee, Rentbery |
| Video Streaming | Netflix, YouTube, Twitch | Theta, Stream, BlockCDN, Streamr |
| Gambling | LeoVegas, BetFair | Fun, Funfair, Life Lottery |
| Gaming | Steam | CryptoKitties, Ethermon, Enjin, Peerplays, |
| Virtual Reality | Decentraland, DenCity, Cappasity | |
| Music | Spotify | Opus, Mycelia |
The original article. Abstracted some highlights.
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