Question: With reference to the framework reproduced above and its four quadrants, which is analysed in the Harvard Business Review article, assess the likely transformative impact

With reference to the framework reproduced above

With reference to the framework reproduced above and its four quadrants, which is analysed in the Harvard Business Review article, assess the likely transformative impact of blockchain technology on the delivery of value from you, the manufacturer, to the end user in your particular value chain. Evaluate how disruptive you believe that blockchain technology will be in your industry over the next five years

SUBSTITUTION Retailer gift cards based on bitcoin Amazon online bookstore TRANSFORMATION Self-executing smart contracts Skype HIGH AMOUNT OF COMPLEXITY AND COORDINATION LOW SINGLE USE LOCALIZATION Bitcoin payments Private online E-mail on ARPAnet ledgers to process financial transactions Internal corporate e-mail networks LOW HIGH DEGREE OF NOVELTY FROM "THE TRUTH ABOUT BLOCKCHAIN," BY MARCO IANSITI AND KARIM R. LAKHANI, JANUARY FEBRUARY 2017 HBR.ORG

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