Blockchain sme
Blockchain and distributed ledger technologies DLT are rapidly re-shaping how society can benefit from digitalisation. Blockchain is one of the newest innovations of our generation. To put it simply, blockchain is for value sharing, what the internet became for information sharing. Today, over 30 billion devices are interconnected within IoT Internet of Things , with that number expecting to double by The Blockstart project aims to foster innovation for the new generation of companies within the sectors of agribusiness, health and logistics.
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- Knowledge, diffusion and interest in blockchain technology in SMEs
- How can blockchain help SMEs?
- Big banks team up on blockchain tool for European SMEs
- The impact of Blockchain technology on the digitization of an SME
- Blockstart: Blockchain-based applications for SME competitiveness
- BlockStart 3rd Open Call for SME adopters of blockchain technology – last piloting opportunity
- How Can Blockchain Drive the Growth of SME Finance?
- Blockchain: A game-changer for Small and Medium-sized Enterprises?
Knowledge, diffusion and interest in blockchain technology in SMEs
The Italian business system, characterized mostly by the presence of SMEs, makes interesting the analysis of the tools that promote their growth, including through investments in new digital technologies. Among these, the blockchain has the potential to ensure greater transparency of business processes, supporting their competitiveness and sustainability. SMEs show an attitude of closure towards the digitization process, very often neglecting the benefits both in terms of economic-financial performance and improving competitiveness and corporate sustainability.
In light of the limited theoretical contributions on the subject, this study aims to analyze the relationship between sustainability and digital technologies in SMEs, analyzing a case study operating in the wine sector. The results show an increasing attention of SMEs to digital innovation, recognizing their potential advantages in terms of improving corporate sustainability policies. Archiving : This journal uses the LOCKSS system to create an archiving system, which is distributed between participating libraries and enables them to search through the permanent archives of the journal for the purposes of conservation and restoration.
All journal data and publications are also saved and stored directly on the platform. References Abeyratne, S. International Journal of Research in Engineering and Technology, 05 09 , 1— Adams, R. Blockchain for Good? Berg, B. Qualitative Research Methods for the Social Sciences. Bi, Z. Big data analytics with applications. Journal of Management Analytics, 1 4 , — Cohen, W. Administrative Science Quarterly, 35, — Cosic, R.
A business analytics capability framework. BlockChain Technology: Beyond Bitcoin. Applied Innovation Review, 2. Dawn, J. Internet Research, 12 2 , — De Felice, A. Rivista Economica Del Mezzogiorno, 1, — Delmolino, K. Step by step towards creating a safe smart contract: Lessons and insights from a cryptocurrency lab.
Drescher, D. Eisenhardt, K. Building Theories from Case Study. Academy of Management Review, 14 4 , — Feng, L. Grubic, T. Remote monitoring technology and servitised strategies—factors characterising the organisational application. International Journal of Production Research, 56, — Guo, Y.
Blockchain application and outlook in the banking industry. Financial Innovation, 2 1 , 2— International Small Business Journal, 22 4 , — Houghton, Kathryn A. The effect of website and e-commerce adoption on the relationship between SMEs and their export intermediaries. Beyond Bitcoin: What blockchain and distributed ledger technologies mean for firms. Business Horizons, 62 3 , — Edizione Achieving sustainable performance in a data-driven agriculture supply chain: A review for research and applications.
International Journal of Production Economics, July , — Implementing a blockchain from scratch: why, how, and what we learned. Eurasip Journal on Information Security, 2. Addressing key challenges to making enterprise blockchain applications a reality. MIS Quarterly Executive, 17 3 , — Lemieux, V. Trusting records: is Blockchain technology the answer?
Records Management Journal, 26 2 , — National systems of production, innovation and competence building. Research Policy, 31, — Malerba, F. Learning by firm and incremental technical change. Economic Journal. Maresova, P. Consequences of industry 4. Economies, 6 3 , 1— Information technology and organizational change: casual structure in theory and research.
Management Science, 35 5 , — Indagine sul settore vino di Mediobanca. Mendling, J. Tracking strategy in an entrepreneurial firm. Academy of Management Journal, 25 3 , — Moeuf, A. The industrial management of SMEs in the era of Industry 4. International Journal of Production Research, 56 3 , — How blockchain technologies impact your business model. Nayak, G. A conceptual model of sustainable supply chain management in small and medium enterprises using blockchain technology.
Cogent Economics and Finance, 7 1 , 1— The barriers to new technology diffusion in the construction industry of South Wales. Miller, G. Thomas Eds. OECD Publishing. Osterwalder, A. Business model generation. Learning new technologies by small and medium enterprises in developing countries. Technovation, 26, — Pappas, I. Big data and business analytics ecosystems: paving the way towards digital transformation and sustainable societies.
Information Systems and E-Business Management, 16 3 , — Reviewing literature on digitalization, business model innovation, and sustainable industry: Past achievements and future promises.
Sustainability, 11 2. Journal of Family Business Management, 7 2 , — Raymond, L. Journal of Manufacturing Technology Management, 16, — Raymond, Louis. Operations management and advanced manufacturing technologies in SMEs: A contingency approach.
Journal of Manufacturing Technology Management, 16 8 , — New Technology, Work and Employment, 20 3 , — Schmarzo, B. What is Digital Transformation? Schwab, K. The Fourth Industrial Revolution.
How can blockchain help SMEs?
Join our community and connect with the other regional actors exchanging on interregional cooperation. When you register, you will have access to additional services including the platform helpdesk and the possibility to contact your peers in the platform community. Blockchain is a secure decentralised database technology. As such, blockchain-based products have the potential to become a widespread used tool to ensure protection of sensitive data , as well as to enhance accountability and trust among parties. During their growth, SMEs face many challenges. They encounter problems in finding financing, scaling their operations, processing payments and recruiting other ancillary services that are both necessary to grow or go global. Blockchain presents a solution to these challenges.
Big banks team up on blockchain tool for European SMEs
No fewer than four block chain start-ups presented their business models and technological approaches in short pitches at the digital event, which took place as part of diwodo20 — the Digital Week Dortmund — and offered participants from the industry plenty of starting points for discussion. The blockchain technology in particular can overcome regulatory restrictions in cross-company collaboration. It also became clear that block chain technology does not have to be understood down to the last detail in order to use it: The reference to the Internet provided an aha experience for many participants. The pitches of the four start-ups showed just how concrete blockchain technology already is: Mirko Mollik from Gelsenkirchen-based Trust Certs demonstrated the added value of digital signatures — and used information on data security to promote greater trust in the product. His mission: to make the world more trustworthy, combat fraud and secure processes. The Blockchain makes an important contribution to this. Daniel Trauth from Senseering , based in Cologne, presented his platform, which helps companies get more out of their data. The company digitizes complex and difficult-to-connect industrial hardware, among other things with the aim of real-time condition monitoring of industrial plants and intelligent devices.
The impact of Blockchain technology on the digitization of an SME
Close panel. Press Enter. The agreement is a very innovative financing operation, as it is the first synthetic securitization to be supported by blockchain technology in the European Union and the third synthetic corporate loan securitisation signed by the EIB Group and BBVA. The agreement aims to foster support for small and medium-sized firms in all sectors of the Spanish economy, providing them with loans on favorable terms that enable them to obtain funding with lower interest rates and longer repayment periods.
Blockstart: Blockchain-based applications for SME competitiveness
Skip to search form Skip to main content Skip to account menu You are currently offline. Some features of the site may not work correctly. Rosa , D. Particularly, SME consider open innovation as uncertain, risky processes. We intend to find whether special collaborative spaces that facilitate a sort of preventive idea claiming, explicit claiming evolution of defensive publication, as so… Expand. Save to Library Save.
BlockStart 3rd Open Call for SME adopters of blockchain technology – last piloting opportunity
Proposal writing and project management. We are experts in European programmes, which provide the opportunity to finance the development and market access of your company's innovative projects. Project support activities. To maximise the success and impact of a project, we manage the communication and dissemination activities, but we also define a social innovation strategy and tools to measure its impact. We help our clients position their businesses in strategic areas of interest and involve them in EU projects with the most active stakeholders in their sectors. Cascade Funding.
How Can Blockchain Drive the Growth of SME Finance?
Small and medium-sized enterprises could be big winners as the banks look to blockchain, as a survey reveals two in three SMEs have been hit by a lost, stolen or fraudulent paper-based bank guarantee. A YouGov survey of SME business owners showed 50 per cent of those using bank guarantees were doing so to maintain cash flow for their business, with 46 per cent of these using the guarantee to demonstrate creditworthiness to compete in a tender process. Of those surveyed, four in 10 43 per cent of the business owners surveyed suffered because the bank guarantee process took too long and more than half 52 per cent consider a bank guarantee to be an ongoing financial risk for their business. Most Australian SMEs have used, are using, or would consider using a bank guarantee, yet among these businesses nearly 70 per cent have faced challenges.
Blockchain: A game-changer for Small and Medium-sized Enterprises?
The Italian business system, characterized mostly by the presence of SMEs, makes interesting the analysis of the tools that promote their growth, including through investments in new digital technologies. Among these, the blockchain has the potential to ensure greater transparency of business processes, supporting their competitiveness and sustainability. SMEs show an attitude of closure towards the digitization process, very often neglecting the benefits both in terms of economic-financial performance and improving competitiveness and corporate sustainability. In light of the limited theoretical contributions on the subject, this study aims to analyze the relationship between sustainability and digital technologies in SMEs, analyzing a case study operating in the wine sector. The results show an increasing attention of SMEs to digital innovation, recognizing their potential advantages in terms of improving corporate sustainability policies. Archiving : This journal uses the LOCKSS system to create an archiving system, which is distributed between participating libraries and enables them to search through the permanent archives of the journal for the purposes of conservation and restoration.
Organisations, as well as individuals, often associate blockchain with cryptocurrencies like Bitcoin or Ethereum. It also offers. While many small business owners think that blockchain is only helpful for large organisations, this notion is a fallacy. This tech ensures financial transparency regardless of the size of your establishment. In simple terms, blockchain technology offers a decentralised ledger that records and distributes information of all monetary transactions between two or several entities. The technology is designed as such that nobody can manipulate or modify any ledger transaction to serve a personal purpose. Such a digital system bolsters financial security within companies, big or small, and it is impossible to cheat or hack it.
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