IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

When Giants Meet: Collaborative Economy, Blockchain Technology, and Social Media

When Giants Meet: Collaborative Economy, Blockchain Technology, and Social Media
View Sample PDF
Author(s): Myriam Ertz (LaboNFC, University of Quebec at Chicoutimi, Canada)and Émilie Boily (LaboNFC, Université du Québec à Chicoutimi, Canada)
Copyright: 2020
Pages: 21
Source title: Strategies for Business Sustainability in a Collaborative Economy
Source Author(s)/Editor(s): Ramona-Diana Leon (National School of Political and Administrative Studies, Romania)
DOI: 10.4018/978-1-7998-4543-0.ch005

Purchase

View When Giants Meet: Collaborative Economy, Blockchain Technology, and Social Media on the publisher's website for pricing and purchasing information.

Abstract

The collaborative economy (CE) involves an intensification of direct or intermediated peer-to-peer trade, underpinned by robust digital infrastructures and processes, hence an increased use of new technologies and a redefinition of business activities. As an inherently connected economy, the CE is, therefore, prone to integrating the most recent technological advances including artificial intelligence, big data analysis, augmented reality, the smart grid, and blockchain technology. As an innovative payment and finance technology, the blockchain and cryptocurrencies could have potential implications for the CE. This chapter consists of a conceptual review analyzing how the CE connects with the blockchain technology. The chapter presents subsequently the organizational and managerial implications related to the use of blockchain technology in terms of governance, transaction costs, and user confidence. An illustrative case further examines the role of a prominent social media in the CE-blockchain nexus.

Related Content

Mukul Bhatnagar, Nitin Pathak. © 2024. 16 pages.
Mitushi Singh, Mukul Bhatnagar. © 2024. 32 pages.
Vikas Sharma, Sanjay Taneja, Kshitiz Jangir, Kirti Khanna. © 2024. 15 pages.
Preet Kanwal. © 2024. 17 pages.
Kapil Sharma, Yogesh Kumar, Rajiv Khosla, Sanjay Taneja. © 2024. 16 pages.
Sanjeev Kumar, Mohammad Badruddoza Talukder, Firoj Kabir, Fahmida Kaiser. © 2024. 15 pages.
K. K. Kishore Mishra, Swati Priya, Syed Sajid Hussain, Swati Gupta. © 2024. 17 pages.
Body Bottom