The messaging is clear: future proof against disruptive innovation.

Industry 4.0 is a great enabler for those willing to adapt to changes. Democratization of trust is expected to revolutionize how human beings choose to transact with one another. Two key attributes are the constant refrains – speed and cost of transactions. The consequence is to remove the middle men seeking rent seeking advantages and gaining monopolistic pricing power.

Market building is the first step forward. This can be achieved by creating awareness through education and increasing adoption with use cases solving pain points in the community.

There will be individuals who will remain skeptical as well as individuals who are sufficiently far sighted to realize the opportunities arising from such disruptive innovation.

Hence we need to understand the underlying beliefs of such individuals resulting in certain behaviors. Through programs of identifying key opinion leaders and influencers, it is possible to demonstrate to the target audience of the merits of future proofing against such disruptive innovation.

Changing beliefs will be critical if there is going to have adoption. In order to be prepared for the disruption, one needs to upskill in order to gainfully participate in the new normal. Jobs will be plentiful for the skilled workforce and markets will accordingly be more accessible. Market penetration and job creation can be solved simultaneously with upskilling.

Buyers and sellers will seek each other out and close a deal at an appropriate price. By removing the middlemen, goods and services can be priced more competitively to a wider market audience.

HashRepos is a rig that serves to demonstrate how blockchain technology can:

• help build a community,
• nurture trust among the stakeholders,
• facilitate the exchange of value in a fair and equitable manner,
• align financial incentives that reward value added work, and
• discourage rent seek tendency leading to monopolistic pricing

HashRepos will be doing roadshows to:

• create awareness,
• increase adoption,
• upskill like-minded individuals, and
• build community across boundary.

Look out for the roll outs in the second half of 2020.