Crowdfunding Platforms At The Border Between Security And Fraud Cover Image

Platformele de crowdfunding la graniţa dintre securitate şi fraudă
Crowdfunding Platforms At The Border Between Security And Fraud

Author(s): Despina-Martha Ilucă, Alin-Ciprian Simion
Subject(s): Commercial Law
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: platform; collaborative financing; crowdfunding; system vulnerability; online transaction;

Summary/Abstract: In the mechanism of crowdfunding as a new form of collaborative financing, the online platform is particularly important, being more than just a simple intermediary. The role of the platform is indisputable as to the point in which it is a sine qua non condition for qualifying an operation as crowdfunding. Therefore, we find it essential to research the aspects regarding the functioning of the crowdfunding platform, in order to explain its mechanism and to deduce a series of rules of conduct. Apart from the legal and economical standpoint, we will analyze some vulnerabilities of the system associated with online crowdfunding transactions, in an attempt to determine whether the promised user protection and security is indeed a real one.

  • Issue Year: LXIV/2018
  • Issue No: 1-bis
  • Page Range: 333-348
  • Page Count: 16
  • Language: Romanian