Decentralized Business Models: Enabling Donations with a Decentralized Charity Platform powered by Blockchain

Abstract

Centralized businesses can be highly risky. For example, businesses can operate and change their terms of a product at any given time. This means that people who take advantage of these products and services are highly dependent on the decisions made on their behalf by those businesses. Decentralized entities have the potential to establish a more transparent and fair way of shaping the terms and conditions. Thus, the thesis investigates alternative solutions and how problems from centralized businesses can be overcome by employing decentralized business models powered by Blockchain technology.