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8 - Digital Entrepreneurship and Blockchain

from Part II - Digital Business Systems

Published online by Cambridge University Press:  16 December 2021

Vincenzo Morabito
Vincenzo Morabito
Affiliation:
Università Commerciale Luigi Bocconi, Milan
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Summary

Blockchain technology, originally the basis of the Bitcoin cryptocurrency, has received great attention from both academics and practitioners in the last decade. The consequent rise of interest in blockchain applications by different industries as well as public sector organizations has been complemented by questions and research on the impact of blockchain on organizations’ business models. Blockchain is also considered a source of innovation opportunities and challenges for entrepreneurs. Therefore, this chapter explores its potential for digital entrepreneurs, by first introducing the main elements making up the technology and then discussing eight companies that apply blockchain in different sectors, thus providing insights for new ventures. The chapter aims to give an essential understanding of blockchain’s advantages for digital entrepreneurs as well as insights that could inspire potential future applications of this technology for value creation and innovation in different sectors.

Keywords

digital entrepreneurshipbitcoinblockchaindigital transactionscase studies
Type
Chapter
Information
Digital Entrepreneurship
Management, Systems and Practice
 , pp. 150 - 180
Publisher: Cambridge University Press
Print publication year: 2022

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