Revolutionizing the World of Social Impact Bonds: The Business Case for DLTS and Blockchain Experiment

Abstract

Abstract As blockchain and DLTs technology makes its presence felt strongly in many industries like finance and banking,<br> this study investigates the business case for the application to social impact bonds (SIBs). Technological innovation in<br> general, and distributed ledger technology (DLT) in particular, could become a game changer in the development of new<br> social impact bonds sector. This paper discusses the potential impact of DLT on SIBs market and the potential scenarios of<br> DLT adoption. Alongside presenting strengths, weaknesses, opportunities, and threats analysis (SWOT), the study exhibits<br> the requirements for and steps toward a SIBs structure facilitated by blockchain technology.