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1 results

  • 8 - Digital Entrepreneurship and Blockchain

  • from Part II - Digital Business Systems
  • Vincenzo Morabito, Università Commerciale Luigi Bocconi, Milan
  • Book:
    Digital Entrepreneurship
    Published online:
    16 December 2021
    Print publication:
    06 January 2022, pp 150-180

  • 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.