There has been a question making me perplexed for a very long time: What is the orientation for the immersion of Blockchain into the real world of business. In specific, horizontal Blockchains which offer a (kind of) general decentralized service to serve all types of industry or vertical Blockchains which offer a decentralized network to serve a specific industry, for example, advertising, entertainment or real estate.
The representatives of both types ò Blockchain have been outperformed, making it hard for us to make the comparison. Here are some example:
- Horizontal Blockchain: Ethereum, EOS, Quarkchain, NEO, Pchain, Zilliqua, Tomochain, etc
- Vertical Blockchain: TRON (Blockchain for the global digital entertainment industry). There are some more examples, I would love if anyone can helpme to bring them to light
So, what are your thoughts? Which will win? Or is there no barrier between these 2 types of Blockchain in te long run?
I think it is inevitable that Horizontal Blockchains will dominate and that Vertical Blockchains will be replaced by tokens that offer industry specific solutions. There will be a period of consolidation in the future in which a few blockchain will grab an 80% share of the market with the others relegated to specialized niches. Up to now building your own blockchain from scratch has been considered a plus, in the future it won't.