Abstract
This paper explores P2P lending in the context of mortgage financing. While P2P lending has gained considerable traction in the consumer loan segment, it remains absent for the economically and socially important mortgage sector. Following a design research approach (most specifically, Action Design Research), the paper defines a series of questions about how a sound business model would make P2P mortgage lending feasible from a technical and business perspective. In order to provide an initial answer, a model is developed by providing a theoretical explanation and a partial formalization in Business Process Modelling and Notation (BPMN). The business model introduces artificial intelligence, blockchain/smart contracts and Business-Process-as-a-Service (BPaaS) as its main features. A preliminary evaluation of the model’s feasibility and effectiveness is offered, as a way of providing an initial prescriptive theory on a subject (P2P mortgage lending) where academic studies and business applications are basically absent.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
