The World Wide Web started as the decentralized content network in the early '90s. It is designed for people to publish and share content without going through any central authority or intermediary. But from the early 2000s, with the advent of e-commerce, social and mobile, collectively called Web 2.0, we began to communicate, interact, and transact with each other and share information through centralized services provided by big companies such as Google, Facebook, Microsoft, and Amazon. Thanks to the power of platforms, platform businesses such as Uber, Airbnb, and Facebook managed to disrupt traditional business models and dominate vast traditional industries within just a few years of their own launch and ...
The world of decentralization
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