Is there room in this space for a de-centralized, blockchain-based solution? Seems like that is an ideal implementation of the technology. I ran across OS Coin

Is there room in this space for a de-centralized, blockchain-based solution? Seems like that is an ideal implementation of the technology. I ran across OS Coin [1] on Twitter but couldn't find any additional info beyond what's on the website. [1] http://oscoin.io/ http://oscoin.io/