Kondova, Galia

Kondova

Galia

Kondova, Galia

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Entrepreneurship and blockchains
(Edward Elgar Publishing, 19.01.2021) Kondova, Galia; Dana, Léo-Paul [in: World Encyclopedia of Entrepreneurship]
Entrepreneurship in the form of innovation-driven enterprises (IDEs) focuses on creating wealth through pursuing global opportunities to promote innovations. Successful IDEs usually follow a platform business model (PBM) that is conducive to the establishment of digital platforms and ecosystems. At the same time, the peer-to-peer decentralized nature of Blockchain seems to provide the perfect infrastructure for the implementation of the PBM. Blockchain is a decentralized and distributed network that ensures data integrity. Thus, the platform infrastructure provided by Blockchain promises to enable sustainable PBMs with positive network effects and unprecedented business growth.
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