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 |
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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. |
doi_str_mv | 10.3390/su12156158 |
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source | MDPI - Multidisciplinary Digital Publishing Institute; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals |
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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