An Empirical Analysis in Understanding the Role of Blockchain Technology in Supporting Collaborative Economy in Emerging Economies

Panduro-Ramirez J.; Ruiz-Salazar J.; Vargas-Tumaya J.; Ochoa-Tataje F.; De-la-Cruz-Cámaco D. · Recent Advances in Management and Engineering (2024) · DOI: 10.1201/9781003532026-17

Resumen

Although blockchain is still comparatively a latest innovation to the industry, the technology is not widely accepted in the global financial environment, but it has some distinguishing features that set it apart from other connected breakthroughs. Although the technology has gained considerable notoriety through Bitcoin and other cryptocurrencies, its use in the marketplace is not regarded. The significance of blockchain technology on advanced markets has been recognised. The purpose of this study is to investigate and evaluate how blockchain technology can aid in the creation and expansion of cooperative economic models in developing nations. Secondary qualitative methods have been utilised by researchers to gather information. Blockchain mainly focuses on promoting a collaborative economy globally, which is the subject of a number of academic studies that have been gathered and examined. The research study advances knowledge of how blockchain technology might benefit emerging economies' collaborative economies. It highlights the opportunities, advantages, difficulties and challenges regarding the use of blockchain as well as the consequences for equitable economic growth.

Instituciones: Universidad Tecnológica del Perú; Universidad César Vallejo; Universidad Privada del Norte; Universidad Nacional de Educación Enrique Guzmán y Valle