The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the worlds largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
The government will surely take part on regulating the process of using this new kind of system. Since bitcoin is now getting more popular and the market is getting bigger, government will actually do not let this system benefit them. When the cryptosystem is adopted, I dont think it will distruct the traditional way. I think it will actually help advance the new way business model.
Nothing will be change. Only the benefit of which company use blockchain for their system will have more profits. Because blockchain can saving money to spend for security system instead of hire white hacker to check bug and against the attack from black hacker. About the government, I believe blockchain for the country system will not like the nature of blockchain used for cryptocurrency, it can be become a new technology.