Due to its decentralized nature, blockchain could pose a threat to internet giants Facebook, Amazon, Netflix and Google (FANG), according to a report.
Oppenheimer analyst Tim Horan said in a report to clients that the rise of blockchain technology would be as important as the internet was to economic and social change in the past 25 years. In particular, blockchain could be a disruptor to Facebook, Amazon, Netflix and Google’s dominance of the internet.
