Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina
- Autores
- Valdecantos, Sebastián; Orzi, Ricardo; Porcherot, Raphaël; Camargo, Federico José
- Año de publicación
- 2024
- Idioma
- inglés
- Tipo de recurso
- artículo
- Estado
- versión publicada
- Descripción
- Social currencies can make a valuable contribution to sustainability as they strengthen solidarity markets, a specific exchange practice that enhances the resilience of their surrounding environmental, social and human systems. Until now, the need to secure trust in a currency has been a major challenge for social currency initiatives not backed by the State. The emergence of Blockchain, which offers security, transparency and auditability to currencies and transactions it supports, seemingly circumvents this issue. This raises the question that this paper seeks to address: is Blockchain a game-changer for bottom-up solidarity economy initiatives? The methodological approach draws on a multidimensional conceptualisation of trust that recognises three components: ethical, hierarchical and methodical trust. It uses Moneda PAR, an Argentinian Blockchain-based social currency, as a case study and draws on use data, participant surveys and direct observation by the authors as action researchers to explore social currency and solidarity economy development in relation to currency performance on each dimension of trust. Findings from the case show that despite strengthening hierarchical and methodical trust, Blockchain needs to be articulated with additional market-building strategies to be a true game-changer in the development of social currency systems.
Fil: Valdecantos, Sebastián. Aalborg University Business School; Denmark.
Fil: Orzi, Ricardo. UBA. Universidad Nacional de Luján; Argentina.
Fil: Porcherot, Raphaël. Université Paris-Saclay; France.
Fil: Camargo, Federico José. Universidad Nacional de La Matanza; Argentina. - Fuente
- Sustainability Science. ISSN 1862-4065. 10.1007/s11625-024-01522-5
- Materia
-
Criptoactivos
Blockchain - Nivel de accesibilidad
- acceso abierto
- Condiciones de uso
- https://creativecommons.org/licenses/by/4.0/deed.es
- Repositorio
- Institución
- Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Sociales
- OAI Identificador
- oai:nulan.mdp.edu.ar:4311
Ver los metadatos del registro completo
id |
NULAN_291cf91104faeb2ff16788d282c16ed9 |
---|---|
oai_identifier_str |
oai:nulan.mdp.edu.ar:4311 |
network_acronym_str |
NULAN |
repository_id_str |
1845 |
network_name_str |
Nülan (UNMDP-FCEyS) |
spelling |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in ArgentinaValdecantos, SebastiánOrzi, RicardoPorcherot, RaphaëlCamargo, Federico JoséCriptoactivosBlockchainSocial currencies can make a valuable contribution to sustainability as they strengthen solidarity markets, a specific exchange practice that enhances the resilience of their surrounding environmental, social and human systems. Until now, the need to secure trust in a currency has been a major challenge for social currency initiatives not backed by the State. The emergence of Blockchain, which offers security, transparency and auditability to currencies and transactions it supports, seemingly circumvents this issue. This raises the question that this paper seeks to address: is Blockchain a game-changer for bottom-up solidarity economy initiatives? The methodological approach draws on a multidimensional conceptualisation of trust that recognises three components: ethical, hierarchical and methodical trust. It uses Moneda PAR, an Argentinian Blockchain-based social currency, as a case study and draws on use data, participant surveys and direct observation by the authors as action researchers to explore social currency and solidarity economy development in relation to currency performance on each dimension of trust. Findings from the case show that despite strengthening hierarchical and methodical trust, Blockchain needs to be articulated with additional market-building strategies to be a true game-changer in the development of social currency systems.Fil: Valdecantos, Sebastián. Aalborg University Business School; Denmark.Fil: Orzi, Ricardo. UBA. Universidad Nacional de Luján; Argentina.Fil: Porcherot, Raphaël. Université Paris-Saclay; France.Fil: Camargo, Federico José. Universidad Nacional de La Matanza; Argentina.Springer Nature2024-06-29info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfhttps://nulan.mdp.edu.ar/id/eprint/4311/https://nulan.mdp.edu.ar/id/eprint/4311/1/valdecantos-etal-2024.pdf Sustainability Science. ISSN 1862-4065. 10.1007/s11625-024-01522-5 <https://doi.org/10.1007/s11625-024-01522-5> reponame:Nülan (UNMDP-FCEyS)instname:Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Socialesenginfo:eu-repo/semantics/altIdentifier/doi/10.1007/s11625-024-01522-5Argentinainfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by/4.0/deed.es2025-09-04T09:45:22Zoai:nulan.mdp.edu.ar:4311instacron:UNMDP-FCEySInstitucionalhttp://nulan.mdp.edu.ar/Universidad públicaNo correspondehttp://nulan.mdp.edu.ar/cgi/oai2cendocu@mdp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:18452025-09-04 09:45:22.643Nülan (UNMDP-FCEyS) - Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Socialesfalse |
dc.title.none.fl_str_mv |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
title |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
spellingShingle |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina Valdecantos, Sebastián Criptoactivos Blockchain |
title_short |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
title_full |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
title_fullStr |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
title_full_unstemmed |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
title_sort |
Is Blockchain a game-changer for social currency systems? Some reflections in light of the experience of Moneda PAR in Argentina |
dc.creator.none.fl_str_mv |
Valdecantos, Sebastián Orzi, Ricardo Porcherot, Raphaël Camargo, Federico José |
author |
Valdecantos, Sebastián |
author_facet |
Valdecantos, Sebastián Orzi, Ricardo Porcherot, Raphaël Camargo, Federico José |
author_role |
author |
author2 |
Orzi, Ricardo Porcherot, Raphaël Camargo, Federico José |
author2_role |
author author author |
dc.subject.none.fl_str_mv |
Criptoactivos Blockchain |
topic |
Criptoactivos Blockchain |
dc.description.none.fl_txt_mv |
Social currencies can make a valuable contribution to sustainability as they strengthen solidarity markets, a specific exchange practice that enhances the resilience of their surrounding environmental, social and human systems. Until now, the need to secure trust in a currency has been a major challenge for social currency initiatives not backed by the State. The emergence of Blockchain, which offers security, transparency and auditability to currencies and transactions it supports, seemingly circumvents this issue. This raises the question that this paper seeks to address: is Blockchain a game-changer for bottom-up solidarity economy initiatives? The methodological approach draws on a multidimensional conceptualisation of trust that recognises three components: ethical, hierarchical and methodical trust. It uses Moneda PAR, an Argentinian Blockchain-based social currency, as a case study and draws on use data, participant surveys and direct observation by the authors as action researchers to explore social currency and solidarity economy development in relation to currency performance on each dimension of trust. Findings from the case show that despite strengthening hierarchical and methodical trust, Blockchain needs to be articulated with additional market-building strategies to be a true game-changer in the development of social currency systems. Fil: Valdecantos, Sebastián. Aalborg University Business School; Denmark. Fil: Orzi, Ricardo. UBA. Universidad Nacional de Luján; Argentina. Fil: Porcherot, Raphaël. Université Paris-Saclay; France. Fil: Camargo, Federico José. Universidad Nacional de La Matanza; Argentina. |
description |
Social currencies can make a valuable contribution to sustainability as they strengthen solidarity markets, a specific exchange practice that enhances the resilience of their surrounding environmental, social and human systems. Until now, the need to secure trust in a currency has been a major challenge for social currency initiatives not backed by the State. The emergence of Blockchain, which offers security, transparency and auditability to currencies and transactions it supports, seemingly circumvents this issue. This raises the question that this paper seeks to address: is Blockchain a game-changer for bottom-up solidarity economy initiatives? The methodological approach draws on a multidimensional conceptualisation of trust that recognises three components: ethical, hierarchical and methodical trust. It uses Moneda PAR, an Argentinian Blockchain-based social currency, as a case study and draws on use data, participant surveys and direct observation by the authors as action researchers to explore social currency and solidarity economy development in relation to currency performance on each dimension of trust. Findings from the case show that despite strengthening hierarchical and methodical trust, Blockchain needs to be articulated with additional market-building strategies to be a true game-changer in the development of social currency systems. |
publishDate |
2024 |
dc.date.none.fl_str_mv |
2024-06-29 |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion http://purl.org/coar/resource_type/c_6501 info:ar-repo/semantics/articulo |
format |
article |
status_str |
publishedVersion |
dc.identifier.none.fl_str_mv |
https://nulan.mdp.edu.ar/id/eprint/4311/ https://nulan.mdp.edu.ar/id/eprint/4311/1/valdecantos-etal-2024.pdf |
url |
https://nulan.mdp.edu.ar/id/eprint/4311/ https://nulan.mdp.edu.ar/id/eprint/4311/1/valdecantos-etal-2024.pdf |
dc.language.none.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
info:eu-repo/semantics/altIdentifier/doi/10.1007/s11625-024-01522-5 |
dc.rights.none.fl_str_mv |
info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by/4.0/deed.es |
eu_rights_str_mv |
openAccess |
rights_invalid_str_mv |
https://creativecommons.org/licenses/by/4.0/deed.es |
dc.format.none.fl_str_mv |
application/pdf |
dc.coverage.none.fl_str_mv |
Argentina |
dc.publisher.none.fl_str_mv |
Springer Nature |
publisher.none.fl_str_mv |
Springer Nature |
dc.source.none.fl_str_mv |
Sustainability Science. ISSN 1862-4065. 10.1007/s11625-024-01522-5 <https://doi.org/10.1007/s11625-024-01522-5> reponame:Nülan (UNMDP-FCEyS) instname:Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Sociales |
reponame_str |
Nülan (UNMDP-FCEyS) |
collection |
Nülan (UNMDP-FCEyS) |
instname_str |
Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Sociales |
repository.name.fl_str_mv |
Nülan (UNMDP-FCEyS) - Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Sociales |
repository.mail.fl_str_mv |
cendocu@mdp.edu.ar |
_version_ |
1842340820483571712 |
score |
12.623145 |