Bridging the Gap Between Centralized and Decentralized
Blockchain and cryptocurrency communities comprise myriad personalities, visionaries and projects ranging from automating corporate transactions, scaling global impact, banking billions of unbanked, and redistributing power from central authorities to individuals.
A quick scan of top ICO white papers from the past few years indicates the majority of companies are doing two things: either building exchanges and tools for crypto transactions, or focusing on the disintermediation of incumbent platforms like financial institutions, social media and e-commerce.
While most ICOs are attempting to re-engineer current platforms for decentralized transactions, many of these token-based projects fail to entice the millions of organizations, teams and individuals who aren’t ready to dive in to disintermediation.
Why are Millions Holding Back?
Here are four reasons why crypto hasn’t reached critical mass in the United States:
- The leap from ATM cards and a Venmo app to digital wallets and virtual coins is still difficult to conceive. Add hackers and wild price fluctuations, and consumers are scared of the unknown.
- Interfaces of most crypto platforms and the process of transitioning to self-managed crypto assets are unintuitive and confusing to navigate.
- Westerners are generally more comfortable with relying on central authorities and mainstream platforms as they haven’t experienced the wild fiscal and regulatory fluctuations that others have experienced globally.
- Even with headlines about security and data breaches, people still generally prefer incumbent platforms over the “disintermediators” and look at centralized risk with apathy: It’s a small price to pay for simplicity.
In a recent Laura Shin “Unchained” podcast, Chris Dixon made a great point: “Crypto wins when a billion people are using it and don’t even know it’s a thing.”
Understanding that the future promise of AI, blockchain, crypto and decentralization is an overwhelming concept for most Americans, I believe it’s better to encourage incremental steps into a new financial frontier. A sledge hammer approach or one-size-fits-all is bound to fail. “Bridging the gap” and bringing consumers along through baby steps and continued education is a win.
Check our recent TribeNet article, Are you and your organization ready for 2020?
Bridge the Gap
A blend of established, mainstream platforms with bleeding-edge, game-changing technologies allows for organizations, teams and individuals to participate, contribute and survive the crypto and blockchain transformation without becoming disenfranchised in the process.
There is huge opportunity to pull less-technical entities and individuals into the future at a measured pace while simultaneously evolving organizations to leverage the latest technology and create high-impact, best-practices for the rest of the world to adopt and improve.
The TribeNet Solution
We created TribeNet to lift all organizations into the future via individualized, sustainable journeys of growth. Our commitment to “integrate with everything” means organizations, teams and individuals continue to use the centralized platforms they love, while taking measured steps to adopt leading platforms via our AI/blockchain/crypto community.
Read more in our recent article Welcome to TribeNet.
“Integrate with Everything”
Imagine pulling together data, documents and information from various tools used daily into a single productivity dashboard that can remain private or be shared with teams and organizations.
Automate your work, collaborate with teams and organize your life from a single dashboard and decentralized database that you own and control.
- Authentication/IDP/SSO
- Communications and messaging
- Files and documents
- Notes and content
- Marketing and promotion
- Social and communities
- Projects and tasks
- Events and meetings
- CRM and productivity tools
- eCommerce and payments
- Industry specific platforms
- Corporate tools and databases
- Blockchains and cryptocurrencies
- Decentralized applications (dApps)
Simplicity, flexibility and extensibility, when available to everyone, creates an opportunity to serve billions and raise the bar globally for both mainstream users and bleeding-edge techies.
Ready to take the next step, whether personal, local or global? Join our TribeNet Telegram Group and stay in the conversation.
