Decentralization

This effort can be divided into two main fronts: Decentralized Utility and Decentralized Ownership.

“Decentralized” is spreading to unexpected places: Taking a step back, the traditional model of central owners of community-powered utilities (marketplaces, app stores, etc.) taking a percentage of everything (and central “bosses” for huge teams insisting on reviewing and approving everything) may finally be getting old

For advocates of decentralization, the movement has the potential to break up monopolies and hand control back to the users. Its impact is already being felt in industries from finance to social media and even Internet access—but what about fashion?