2020
DOI: 10.3390/su12156158
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A Study on the Sustainable Development of NPOs with Blockchain Technology

Abstract: 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 … Show more

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Cited by 34 publications
(33 citation statements)
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“…Besides, NPOs that introduce new management techniques such as new managerial and human resource management styles (Oliveira, Sousa, Silva & Santos, 2021;do Adro & Leitão, 2020;Bastida, Marimon & Carreras, 2018), new models of Organizational structures which strategically support knowledge management, learning and innovation (Dong, Yim & Zhang, 2020;Dekoulou & Trivellas, 2017;Dedahanov, Rhee, & Yoon, 2017), new forms of collaborative work with stakeholders (Jevanesan, Antony, Rodgers & Prashar, 2019;Laurett & Ferreira, 2018), new strategies to identify donors of resources and, recruit volunteers (Schreiner, Trent, Prange & Allen, 2018), new approaches to accessing technologies for their management, (McNutt, Guo, Goldkind & An, 2018;Rathi & Given, 2016) have better performance indicators that guarantee better sustainability in the short, medium and long run (Zhang. et al, 2019;Shin, Kang & Bae, 2020).…”
Section: Organizational Innovationmentioning
confidence: 98%
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“…Besides, NPOs that introduce new management techniques such as new managerial and human resource management styles (Oliveira, Sousa, Silva & Santos, 2021;do Adro & Leitão, 2020;Bastida, Marimon & Carreras, 2018), new models of Organizational structures which strategically support knowledge management, learning and innovation (Dong, Yim & Zhang, 2020;Dekoulou & Trivellas, 2017;Dedahanov, Rhee, & Yoon, 2017), new forms of collaborative work with stakeholders (Jevanesan, Antony, Rodgers & Prashar, 2019;Laurett & Ferreira, 2018), new strategies to identify donors of resources and, recruit volunteers (Schreiner, Trent, Prange & Allen, 2018), new approaches to accessing technologies for their management, (McNutt, Guo, Goldkind & An, 2018;Rathi & Given, 2016) have better performance indicators that guarantee better sustainability in the short, medium and long run (Zhang. et al, 2019;Shin, Kang & Bae, 2020).…”
Section: Organizational Innovationmentioning
confidence: 98%
“…According to Klassen, Dobni and Neufeldt (2020), Shin et al (2020) and Dong et al (2020) the set-up of an Organizational Innovation has a positive relationship with the performance of the NPOs matrix linked to the efficient use of their resources, the satisfaction of the beneficiaries, fundraising, reputation among peers, the capabilities to response to environmental changes, stakeholders demands and, effectiveness in achieving Organizational objectives.…”
Section: Organizational Innovationmentioning
confidence: 99%
“…Data are shared on a peer-to-peer, open access network and transactions should be certified, verified, and accessed by members of the network community. Blockchain ensures the transparency and security of the transactions [7,8]. Blockchain is initially introduced in the financial industry for cryptocurrency to replace manual authentication of transactions with digital authentications [9].…”
Section: Introductionmentioning
confidence: 99%
“…This also involves industries such as banking, equity trading market, supply chain, and energy trading [17][18][19][20]. Third, we have the application of blockchain technology in other industrial fields, such as medical, government, e-commerce, tourism, and so on [21][22][23][24][25][26][27][28].…”
Section: Literature On Blockchain Technologymentioning
confidence: 99%