Start-up sustainability: does blockchain adoption drives sustainability in start-ups? A systematic literature reviews

Abstract

Purpose The purpose of this study is to provide a literature review of the past literature on the use of blockchain for attaining sustainability in start-ups, covering major characteristics of current findings, limitations and prospective study possibilities. Design/methodology/approach Papers that included the term “Blockchain,” “Sustainability” and “Start-ups” were considered for the analysis. Biblioshiny package under the R programming tool was considered for a detailed paper analysis. Findings Numerous sectors are quickly adopting blockchain technology, which has enormous potential to remove middlemen and boost sustainability in start-ups. Research limitations/implications This research is limited to 147 papers from the Scopus database through 2022. Practical implications This paper stresses the crucial part that blockchain technology has played in igniting a conversation about innovation and technology. This research will aid in advancing the researcher’s knowledge of blockchain technology in start-ups. Social implications Blockchain technology will give transparency and sustainable product or services to consumers of the start-ups. Originality/value The novelty of this research is based on its presentation of an organized and thorough literature evaluation, which defines the current state of the art concerning the use of blockchain for sustainability in start-ups. To create a sustainable start-up, a thorough study of how the information gained in respect of its implementation might be spread into the start-ups is presented.

The Effects of Blockchain Technology Adoption on Business Ethics and Social Sustainability: Evidence from Chinese FinTech Companies

“…Managers should create awareness of potential risks associated with financial transactions and provide frameworks for responding to data misuse (Najjar et al, 2020). Managers should also develop training programs to impart useful skills that employees need to operate blockchain technology (Sreenivasan & Suresh, 2023). Managers should actively promote the adoption of blockchain technology by educating stakeholders on its importance and how to use it effectively.…”