How they do it: For consumers, Dropbox made owning a local, physical harddrive for file storage and backup obsolete. The data storage capacity offered by Dropbox’s Cloud replaces the traditional paradigm of saving files on a system in customer’s offices or homes.
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How they do it: Airbnb has put the traditional model of peer to peer hosting on an online platform. They managed to add mechanisms which increase the market place’s participants trust despite barriers such as geographic distance or language barriers, making it safe to rent out and book accomodations from and to strangers.
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How they do it: Cewe digitized the process of creating and ordering individualized products, utilizing your own fotos. Through their website, customers can create their products remotely at anytime and have them shipped to their home.
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How they do it: Traditionally, encyclopedias were publications spanning many invididual book volumes, and were out of date within a short time after publication. Wikipedia contributed to the demise of Britannica’s publishing model and medium: The 2010 version of the 15th edition, which spans 32 volumes and 32,640 pages, was the last printed edition; digital content and distribution has continued since then. In 2005, Nature published a peer review comparing 42 science articles from Encyclopædia Britannica and Wikipedia and found that Wikipedia’s level of accuracy approached that of Britannica.
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How they do it: Skype is gradually replacing the traditional telecom market, and replacing it with its digital alternative. In 2014, Skype’s traffic was almost 40% the size of the entire conventional international telecom market — that is, for every ten minutes spent making international phone calls on every mobile and landline network in the entire world, four minutes are spent on Skype.
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