Abstract
Blockchain platforms for financial inclusion refer to systems that leverage Blockchain technology to offer financial services to unbanked and underbanked populations. The World Bank recognizes the potential of these platforms to reach an estimated 1.4 billion adults worldwide. Effective Blockchain governance is crucial for the success of these platforms. This paper explores the influence of Blockchain governance on value creation within such platforms. Through a case study of a crowdlending platform aimed at financial inclusion, we identify three mechanisms by which governance can enhance value creation: by minimizing investment risk through the implementation of a smart contract-driven compensation scheme; by bolstering trust and transparency via a decentralized decision-making process; and by encouraging initiatives that promote sustainability and growth within the communities they serve.
Recommended Citation
Arenas, Alvaro and Trivelli, Rebecca, "Governance and Value Creation in Blockchain Platforms for Financial Inclusion" (2024). MCIS 2024 Proceedings. 31.
https://aisel.aisnet.org/mcis2024/31