Adding value with blockchain: An explorative study in the charity retail sector

Raluca Bunduchi, Chris Elsden, Katherine Symons, Christopher Speed

Research output: Chapter in Book/Report/Conference proceedingConference contribution


The paper explores the potential for deploying blockchain within existing organisations to support value creation and capture. Drawing from the study of a charity retail organisation, the paper finds that within incumbent business models, blockchain’s potential for value creation and capture arises from enabling more efficient transactions and from creating the mechanisms to support new forms of transactions embodying new value propositions. The analysis also highlights the role that the blockchain technology has in delivering such value: strengthening trust, demonstrating accountability, and supporting decentralisation of selected central management activities.
Original languageEnglish
Title of host publicationProceedings of The ISPIM Innovation Conference – Innovation, The Name of The Game
EditorsIain Bitran, Steffen Conn, K.R.E. Huizingh, Olga Kokshagina, Marko Torkkeli, Marcus Tynnhammar
Place of PublicationStockholm
ISBN (Electronic)9789523352193
Publication statusPublished - 4 Jun 2018
EventThe ISPIM Innovation Conference 2018: Innovation, The Name of The Game - Stockholm, Sweden
Duration: 17 Jun 201820 Jun 2018


ConferenceThe ISPIM Innovation Conference 2018
Internet address


  • blockchain
  • business model
  • value of technology


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