« How could blockchain be a key resource in the value creation process of a local currency? A case study centered on Eusko », 5th Biennial RAMICS International Congress, Hida-Takayama, Japan, 11-15 septembre 2019. Best paper award

Fabienne Pinos (fabienne.pinos@univ-pau.fr)
Additional contact information
Fabienne Pinos: CREG - Centre de recherche et d'études en gestion - UPPA - Université de Pau et des Pays de l'Adour

Post-Print from HAL

Abstract: Blockchain is seen as a major financial innovation for the years to come; it interests financial industry as well as some local currencies. Thus, it seems appropriate to analyze how Blockchain could be a key resource in the value creation process of a local currency. Our article aims first to analyze the potential contributions of Blockchain for local currencies. Then, we compare these contributions to the key resources and activities identified in the study of the value creation process of Eusko, the first European currency in circulation since the end of 2018. Launched in June 2011, managed by the association Euskal Moneta (EM), this initiative aims at creating value that can be considered as public value (Moore, 1995). We use the canvas of Osterwalder et al. (2011) to identify the key resources and activities of EM's business model and explore how blockchain technology might or might not support them. We show that several factors can slow or even preclude the adoption of such a technology in an innovative context that solicits, in various forms, the adaptive capacities of project stakeholders. Through this case study, we wish to contribute to develop knowledge about economic models of local currencies.

Keywords: Local currency; blockchain; value creation; trust; transition (search for similar items in EconPapers)
Date: 2019-09-11
References: Add references at CitEc
Citations:

Published in "Going Digital? New Possibilities of Digital-Community Currency Systems", Sep 2019, HIDA-TAKAYAMA, Japan

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02404358

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD (hal@ccsd.cnrs.fr).