How to create a dispersion effect in blender

Hey guys. In this tutorial, I will show you how to recreate a dispersion effect that I have commonly seen done in Photoshop. We will do all of this inside of blender by using multiple masks and combining the images together. Please share your results in the comments below, and if there are any Photoshop effects you want to see done in Blender, leave a comment  as well. Thanks for watching.

Link to picture: https://lh3.googleusercontent.com/-4F0Pgustyws/VdsmQwnqAqI/AAAAAAAAALE/6gOYTRvbFFo/w346-h195/Hologram.png