The Blockchain Crowdfunding Technologies: Usage, Benefits and Expectations Cover Image

Technologia blockchain crowdfunding: zastosowania, korzyści i oczekiwania
The Blockchain Crowdfunding Technologies: Usage, Benefits and Expectations

Author(s): Dariusz T. Dziuba
Subject(s): Business Economy / Management, Financial Markets, ICT Information and Communications Technologies
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: crowdsurfing; blockchain crowdfunding; alternative financial systems;

Summary/Abstract: The paper presents the blockchain crowdfunding technology and its economic implications. It is a separate, decentralized model of social funding, based on “block chains”, growing in response to technological progress, as well as to expectations of IT users with respect to the increasing popularity of cryptocurrencies and the demand for new categories of systems. The essence of the blockchain technology is presented, along with the potential benefits and the variety of applications, especially in the field of banking and finance. The blockchain crowdfunding model and the Initial Coin Offering process are described. Furthermore, the global blockchain crowdfunding market segment is estimated and analyzed. The main benefits and factors (risks) of the model are identified, as well as its growth prospects.

  • Issue Year: LII/2018
  • Issue No: 2
  • Page Range: 61-69
  • Page Count: 9
  • Language: Polish