Blockchain Papers

Vikas Khare, Monica Bhatia, Miraj Ahmed Bhuiyan

No abstract is available for this record.

Mukhtaruddin Mukhtaruddin, Hirut Assegid, Mohit Verma, Meenakshi Verma

The international obligation to reach the net-zero level of emissions has enhanced the requirement to develop new financial tools that would be able to raise funds to support sustainable development. One of the factors in this transition has been financial technology (FinTech) that has employed digital innovation and financial services to help provide sustainable investment, transparency, and efficiency in capital allocation. Green FinTech is the intersection of FinTech innovations and environmentally sustainable goals, especially those of assisting climate mitigation and climate adaptation policies. The chapter analyzes the examples of green FinTech, and the way they facilitate net-zero transitions. Based on theoretical frameworks and new trends in the world, the chapter outlines the major models such as digital green lending systems, carbon markets facilitated by blockchain, AI-based climate risk analytics, and crowdfunding solutions to sustainable projects.

Shubham Kumar, S. K. Mittal, Mansi Panwar

Cryptocurrencies have also seen their development within the last decade becoming a globally popular financial phenomenon that once existed as a niche technological experiment. What started with the launch of the bitcoin in 2009 has grown into a massive ecosystem of digital assets, decentralized applications and blockchain-based financial services (Zribi et al., 2023). These inventions have been a paradigm shift in the conventional concept of money, trust and the financial intermediation. Cryptocurrencies have provided new avenues in financial inclusion, especially in areas whose banking systems are poorly developed, due to the ability to conduct peer-to-peer transactions that do not require centralized institutions, like banks or governments (Sapra & Shaikh, 203).

Hirut Assegid, Priyanka Gupta, Mansi Panwar

Switching to a low-carbon economy will demand significant funding of environmentally-friendly investments. Nevertheless, commonly traditional financial systems are known to experience problems like high transaction costs, information asymmetry and less transparency which limits the efficient mobilization of green capital. The chapter discusses the potential of financial technology (FinTech) to revolutionize the green credit market and institutional channels of carbon reduction. The conceptual and analytical approach incorporating the results of the literature on sustainable finance, digital financial ecosystem, and climate policy, the chapter examines how digital lending platforms, blockchain-based verification, artificial intelligence-based credit evaluation, and data-driven environmental monitoring can improve the effectiveness and reliability of the green finance.

Gurpreet Kaur, Mushtaq Ahmad Shah

The urgency of climate change has increased the need for effective mechanisms to reduce emissions and mobilize climate finance. Carbon markets provide a market-based approach through trading carbon credits from verified projects, but they face issues such as low transparency, double counting, weak monitoring, and lack of trust. This chapter examines how blockchain technology can address these challenges by improving transparency, traceability, and efficiency in carbon trading systems. Based on a conceptual review and global case studies, it highlights how blockchain enhances tracking, verification, and trading of carbon credits. The findings suggest that blockchain strengthens monitoring and reporting, reduces fraud risks, and improves accountability. It also enables more accessible and efficient carbon markets with broader stakeholder participation. The chapter concludes that blockchain-enabled carbon markets can enhance credibility and support the transition to a low-carbon economy.

Maroua Jerbi, Nourhaine Nefzi, Ines Zarraa

This chapter investigates the nexus between blockchain and green markets by employing the wavelet coherency time-frequency analysis from July 14, 2021, to March 20, 2024. The study employs an index- based approach to represent the blockchain market and focuses on four green financial Assets: green bonds, clean energy, clean cryptocurrency and sustainable equities. Findings entail a weak to absent long run co-movement. The mid-run result shows a moderately positive co-movement, which suggests that these markets tend to move in the same direction, with the blockchain index showing the leading role in most cases. These results have significant implications for market participants and policy makers. In fact, investors can use these findings to diversify their portfolios by incorporating blockchain and green financial instruments and, therefore, mitigate portfolio risk. Policymakers could also take advantage of these findings by promoting sustainable economic policies which capitalize on the stabilizing effects that blockchain technology has.

Zheng Lin Chia, Hui Wei You, Sardar Muhammad Usman, Bee Wah Yap

Purpose Following the introduction of the European Crowdfunding Service Providers Regulation (ECSPR), crowdfunding has experienced rapid growth within the European alternative finance sector. However, the harmonisation of regulatory requirements has not fully eliminated concerns regarding information asymmetry among investors. This study aims to examines how financial disclosure (FINANCIALD) and alignment with the Sustainable Development Goals (SDGs) function as disclosure-based signals that influence the success of equity and debt crowdfunding campaigns regulated under the ECSPR. Design/methodology/approach Drawing on signalling theory, this study examines campaign-level data from a single ECSPR-authorised crowdfunding platform: 154 Invesdor campaigns (123 equity crowdfunding and 31 debt crowdfunding campaigns) operating in Germany. Logistic regression is used as the primary estimation technique. The models account for a comprehensive set of campaign characteristics, including the number of project updates, fundraising-target disclosure, financing type and engagement-related features. Findings The results indicate that both FINANCIALD and SDG alignment have a positive and statistically significant relationship with crowdfunding success. Voluntary disclosure of accounting-related financial information and alignment with the SDGs are associated with a higher probability of achieving funding targets. In contrast, commonly studied campaign characteristics, such as media presence and the disclosure of founder background, do not show a strong influence on the success of equity and debt crowdfunding campaigns. Research limitations/implications The generalisability of the findings may be limited due to the study’s focus on ECSPR-regulated campaigns in Germany. Future research could extend the analysis to cross-country comparisons, examine the quality of disclosures and investigate the impact of emerging technologies, such as artificial intelligence (AI)-based auditing and blockchain-based reporting, on disclosure practices within crowdfunding markets. Practical implications The findings highlight the importance of transparent FINANCIALD and clearly communicated sustainability orientation for entrepreneurs seeking to raise capital through crowdfunding. For policymakers, the results highlight the complementary roles of regulation and voluntary disclosure in supporting trust and efficiency in financial technologies (FinTech)-enabled capital markets. The observed association with SDG alignment should not be interpreted as evidence of the credibility or actual sustainability performance of the disclosed commitments. Originality/value The research contributes to the evolving literature on FinTech regulation by providing a timely assessment of the ECSPR’s impact on investor behaviour. It identifies a critical shift in the crowdfunding landscape: while regulatory harmonisation provides a baseline, voluntary financial transparency remains a primary differentiator for campaign success. The findings offer unique value to policymakers by demonstrating how standardised European regulations interact with voluntary disclosures to enhance market efficiency.

Bashar Yaser Almansour, Ammar Yaser Almansour, Seyed Amirhossein Shojaei

No abstract is available for this record.