In my opinion, one of the most exciting potentials of the blockchain relate to creating new business models, whether in public or in private settings. In most of these cases, the new models don't care for incumbents because they are mostly on a disruption quest.

The blockchain start-ups that have done ICOs are just at the beginning of something. Ask me how they are doing in a year or two years from now. I know for a fact it won't be any different from the statistics of all start-ups: 80% of them will not make it.

Few incumbents will succeed in deploying blockchain applications to enable new business models. The innovator's dilemma will prevail. Even if they aspire to, they must first get their feet wet within their business boundaries.

William Mougayar Quotes