Empowering Women Entrepreneurs Through Blockchain-Enabled Credit Guarantee Schemes: A Bibliometric Analysis

Abstract

The paper aims to explore the potential of Blockchain in disbursement of the Credit Guarantee Scheme loans to the Women Entepreneurs in order to promote gender equality leading to the achievement of the UN Sustainable Development Goals 2030. Moreover, it also attempts to study the relationship between Blockchain, Artificial Intelligence and financial inclusion with special reference to the Women Entrepreneurship in the MSMEs (Micro, Small and Medium Enterprises) in the context of India. It examines the potential of blockchain technology in providing Credit Guarantee Schemes tailored specifically for the Women Entrepreneurs in India. By addressing traditional barriers to the credit, this paper proposes the role of DAOs i.e. Decentralized Autonomous Organizations that enhances ease and transparency in the credit disbursement, reducing risk for lenders, and opens up for new and multiple avenues for female - led businesses. Furthermore, this study synthesizes current literature to offer insights into blockchain's role in fostering inclusive financial environment using the Bibliometric Analysis. This qualitative research work fits with a key gap in the existing research by the key challenges in the Blockchain adoption for the disbursement of the Credit Guarantee Scheme for the women entrepreneurs in the MSMEs by developing a valuable framework to model this important topic. To the best of my knowledge this is the first paper to address these financial concerns of women entrepreneurs in the MSME arena with the usage of Blockchain technology.