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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doaj-4ea0feca742a424a9d1ce2ac1126a4872020-11-25T02:55:52ZengMDPI AGSustainability2071-10502020-07-01126158615810.3390/su12156158A Study on the Sustainable Development of NPOs with Blockchain TechnologyEun-Jung Shin0Hyoung-Goo Kang1Kyounghun Bae2Department of Finance, Hanyang University Business School, Seoul 04763, KoreaDepartment of Finance, Hanyang University Business School, Seoul 04763, KoreaDepartment of Finance, Hanyang University Business School, Seoul 04763, KoreaThis 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.https://www.mdpi.com/2071-1050/12/15/6158blockchainnon-profittransparencygovernancedonationNPO |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Eun-Jung Shin Hyoung-Goo Kang Kyounghun Bae |
spellingShingle |
Eun-Jung Shin Hyoung-Goo Kang Kyounghun Bae A Study on the Sustainable Development of NPOs with Blockchain Technology Sustainability blockchain non-profit transparency governance donation NPO |
author_facet |
Eun-Jung Shin Hyoung-Goo Kang Kyounghun Bae |
author_sort |
Eun-Jung Shin |
title |
A Study on the Sustainable Development of NPOs with Blockchain Technology |
title_short |
A Study on the Sustainable Development of NPOs with Blockchain Technology |
title_full |
A Study on the Sustainable Development of NPOs with Blockchain Technology |
title_fullStr |
A Study on the Sustainable Development of NPOs with Blockchain Technology |
title_full_unstemmed |
A Study on the Sustainable Development of NPOs with Blockchain Technology |
title_sort |
study on the sustainable development of npos with blockchain technology |
publisher |
MDPI AG |
series |
Sustainability |
issn |
2071-1050 |
publishDate |
2020-07-01 |
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. |
topic |
blockchain non-profit transparency governance donation NPO |
url |
https://www.mdpi.com/2071-1050/12/15/6158 |
work_keys_str_mv |
AT eunjungshin astudyonthesustainabledevelopmentofnposwithblockchaintechnology AT hyounggookang astudyonthesustainabledevelopmentofnposwithblockchaintechnology AT kyounghunbae astudyonthesustainabledevelopmentofnposwithblockchaintechnology AT eunjungshin studyonthesustainabledevelopmentofnposwithblockchaintechnology AT hyounggookang studyonthesustainabledevelopmentofnposwithblockchaintechnology AT kyounghunbae studyonthesustainabledevelopmentofnposwithblockchaintechnology |
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