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Mapping the research landscape of blockchain and crowdfunding

Abderahman Rejeb (), Karim Rejeb (), Andrea Appolloni (), Suhaiza Zailani () and Mohammad Iranmanesh ()
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Abderahman Rejeb: Széchenyi István University
Karim Rejeb: University of Carthage
Andrea Appolloni: University of Rome Tor Vergata
Suhaiza Zailani: University Malaya
Mohammad Iranmanesh: La Trobe University

Financial Innovation, 2025, vol. 11, issue 1, 1-38

Abstract: Abstract Blockchain technology and crowdfunding (CF) have emerged as disruptive forces in the finance and entrepreneurship landscape, potentially transforming traditional modes of capital raising and investment. This study investigates the intersection of blockchain technology and CF to provide a comprehensive overview of the current state of research through a systematic literature review and bibliometric analysis. By examining 219 publications sourced from Scopus, this study employed descriptive statistics, article co-citations, and keyword co-occurrence to identify key bibliometric indicators, themes, and trends. The findings reveal a surge in research activity related to blockchain and CF, emphasizing initial cryptocurrency offerings, financial technology (Fintech), and the role of blockchain in improving transactional efficiency, disintermediation, and venture capital CF. Keyword co-occurrence analysis reveals diverse research themes, including smart contracts, fundraising campaigns, sustainable entrepreneurship, and Islamic Fintech. Based on the findings of this analysis, several implications and directions for further investigation are highlighted. To the best of our knowledge, this is the first attempt to analyze the intersection of blockchain technology and CF using scientometric techniques systematically.

Keywords: Blockchain technology; Crowdfunding; Initial coin offering; Fintech; Entrepreneurship (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1186/s40854-024-00705-4

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