A Study on the Sustainable Development of NPOs with Blockchain Technology

This study investigated the application of a blockchain for promoting the sustainable development of non-profit organizations (NPOs). Transparency and good governance are important for operating NPOs in addition to building trust with relevant stakeholders. NPOs consume a large amount of resources (...

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Veröffentlicht in:Sustainability 2020-08, Vol.12 (15), p.6158
Hauptverfasser: Shin, Eun-Jung, Kang, Hyoung-Goo, Bae, Kyounghun
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creator Shin, Eun-Jung
Kang, Hyoung-Goo
Bae, Kyounghun
description This study investigated the application of a blockchain for promoting the sustainable development of non-profit organizations (NPOs). Transparency and good governance are important for operating NPOs in addition to building trust with relevant stakeholders. NPOs consume a large amount of resources (including funds) to monitor their operations and present their transparency and soundness of governance to interested stakeholders. Blockchain technology can fulfill an NPO’s requirements at a lower cost and with a higher efficiency. We reviewed the existing research on NPO governance and blockchain applications. In addition, through case studies, we identified sustainable development strategies for NPOs involving blockchain technologies to increase donation, reduce cost, enhance transparency, and improve governance structure.
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subjects Accountability
Blockchain
Costs
Digital currencies
Digital signatures
Donations
Nonprofit organizations
Social innovation
Sustainability
Sustainable development
Technology
Transparency
title A Study on the Sustainable Development of NPOs with Blockchain Technology
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