The Market Consequences of Perceived Strategic Generosity: An Empirical Examination of NFT Charity Fundraisers
NFT charity fundraisers have emerged as a powerful tool for rapid, scalable philanthropic mobilization, raising millions within minutes. However, the transparency of blockchain technology means that donors’ postpurchase behavior, particularly the decision to resell a charity NFT for profit, is visible to the entire marketplace. Our study reveals that this visibility carries significant economic consequences. Analyzing data from a major NFT charity fundraiser supporting Ukraine, combined with two controlled online experiments, we find that donors who quickly relist charity NFTs for resale experience an estimated 15.3% decline in the prices they can command for other NFTs in their portfolio. This penalty is driven by onlookers’ perception that the donor’s generosity was strategically motivated rather than genuine. Importantly, donors who hold their charity NFTs experience no such penalty and may even benefit. These findings carry direct implications for platform designers and fundraiser organizers: incorporating time-locked resale restrictions, reputation badges for sustained giving, or community governance features could discourage strategic flipping and protect the integrity of crypto-philanthropy. More broadly, our research highlights that in transparent digital environments, perceived motives matter as much as actions themselves, underscoring the need for donors and platforms alike to carefully manage the signals that charitable behavior sends.
- Supplementary Content
12
- 10.3389/frai.2022.963692
- Oct 11, 2022
- Frontiers in Artificial Intelligence
An intersemiotic translation is any form of translation that involves at least two different semiotic codes; for example, the translation from words to images, to numerical code, or to non-verbal sounds. One of the most widespread examples of intersemiotic translation in the contemporary world is transposing natural language into machine language in digital environments. In this case, if the source text is a legal text, we encounter a particular type of intersemiotic translation, namely an intersemiotic legal translation in a digital environment. This paper will focus on the intersemiotic legal translation of contracts in digital environments, and is divided into two parts. In the first part (Section Ways of intersemiotically translating a contract using digital tools), we will analyze four possible uses of the intersemiotic translation of contracts in a digital context. In particular, we will highlight the technical characteristics of intersemiotic translation, its limitations, and its potential in different phases of contract management, namely the drafting of the document, the agreement, the archiving of the document, and the execution of contractual clauses. We will examine different digital tools that exploit intersemiotic translation, such as contract drafting tools and online platforms that allow for the conclusion of electronic contracts, document archiving in blockchains, and building smart contracts. When analyzing these uses of intersemiotic translation in the digital environment, we will highlight four types of output that can represent the product of intersemiotic translation in the digital environment: epistemic effects, legal effects, digital effects, and economic effects. In the second part (Section A tool for translating the contract intersemiotically), we will describe a hypothetical prototype that, in light of the four potential uses of intersemiotic translation, could represent a support tool to simplify the communication between professionals and clients through the drafting of legal documents with the aid of dynamic forms and, eventually, with the help of artificial intelligence (AI). Beyond facilitating the dialogue between legal professionals and their clients, we use interfaces to allow clients to create their own drafts of their documents and the lawyer to work on the drafts drawn up by the customer, correct them, and structure them in order to guarantee the validity of the document. The system can also be designed to archive legal documents and private deeds securely and entrust them to a professional by using blockchain technology and automating the execution of some contractual clauses via smart contract protocols.
- Research Article
1
- 10.1155/2022/8635335
- Sep 22, 2022
- Mobile Information Systems
This article aims to study the innovation and design of an intelligent distribution platform for physical teaching resources based on blockchain technology (BT). With the continuous shrinking of teaching, the problem of balanced shrinking of teaching has become a hot issue in the field of teaching. In the distribution of physical education resources, there are problems such as lack of physical equipment and not fully open teaching, which as an important and shrinking point in the overall shrinking of society, will inevitably be included in the ranks of the overall shrinking of urban and rural areas. Physical teaching should be mentioned in the proposal as an important content of the school’s teaching. It can make teaching resources more distinctive and personalized, closer to life, and can also make more sports resources become school materials. School physical teaching resources are the basis for all school physical teaching. However, for historical and practical reasons, the gap in the allocation of physical teaching resources in urban and rural primary and secondary schools is gradually increasing. This problem has always restricted the modernization of school sports. To achieve the coordinated shrinking of urban and rural school sports, the balanced shrinking of urban and rural school sports resources is a prerequisite. It enables users to build portrait and content intelligent recommendation algorithms to build a cross-platform and geographic one-stop teaching resource intelligent distribution platform. Through experiments, the statistical data of the questionnaire survey results after the design and test show that 80% of the primary and middle school students are satisfied with the subplatform and believe that the design of this platform has a role in enhancing physical exercise.
- Research Article
- 10.1016/j.cmpb.2025.109231
- Mar 1, 2026
- Computer methods and programs in biomedicine
Application of blockchain-based digital twin technology in healthcare: A scoping review.
- Research Article
9
- 10.1142/s0219877023500499
- Jul 11, 2023
- International Journal of Innovation and Technology Management
This study presents an empirically well-versed picture of the intention to use blockchain technologies. Empirical evidence from two different regions — ASEAN and Middle-East (ME) — reveals factors that lead managers to use blockchain technology. Samples of 268 and 224 from two response groups were collected using a Likert-based questionnaire. The proposed model was tested using structural equation modeling with SmartPLS 3.2.9. Results confirm that the design of platforms has positive and significant relationships with consumers’ intention to use blockchain technologies. Furthermore, positive and significant relationships were also found between perceived usefulness and perceived ease of use with consumers’ intention to use blockchain technologies. Our results also indicate that perceived ease of use had a positive and significant effect on perceived usefulness. So far, there is limited standard relationship found between perceived ease of use and consumers’ intention to use blockchain technologies in the data from the ASEAN region. This study contributes to the evidence-based view on the effect of intention to use blockchain technology, on the roles of design, perceived ease of use, and perceived usefulness through proposing a novel framework. It adds to the field of technology acceptance studies by providing fresh insights among managers. The paper also emphasizes practical implications for business leaders who wish to capitalize on BT’s advantages in the industry.
- Conference Article
10
- 10.1109/iccece51280.2021.9342128
- Jan 15, 2021
In recent years, the rapid development of blockchain technology has gradually expanded from the financial field to the social field, bringing new opportunities and challenges for community governance innovation. In this paper, we try to find a way to use blockchain technology to solve some problems of community governance. So, a “private blockchain+consortium blockchain” concept is proposed for helping improve the capability of community governance, for the purpose of fulfilling the needs of community residents during the period of COVID-19 epidemic. This paper is concluded with the advantages and limitations of the application of blockchain technology in the community governance on epidemic prevention.
- Research Article
4
- 10.3934/mbe.2023447
- Jan 1, 2023
- Mathematical biosciences and engineering : MBE
Community governance is the basic unit of social governance, and it is also an important direction for building a social governance pattern of co-construction, co-governance and sharing. Previous studies have solved the problems of data security, information traceability and participant enthusiasm in the process of community digital governance by building a community governance system based on blockchain technology and incentive mechanisms. The application of blockchain technology can solve the problems of low data security, difficulty in sharing and tracing and low enthusiasm on the part of multiple subjects regarding participation in community governance. The process of community governance involves the cooperation of multiple government departments and multiple social subjects. Under the blockchain architecture, the number of alliance chain nodes will reach 1000 with the expansion of community governance. The existing consensus algorithms for coalition chains are difficult to meet the high concurrent processing requirements under such large-scale nodes. An optimization algorithm has improved the consensus performance to a certain extent, but the existing systems still cannot meet the data needs of the community and are not suitable for community governance scenarios. Since the community governance process only involves the participation of relevant departments in users, all nodes in the network are not required to participate in the consensus under the blockchain architecture. Therefore, a practical Byzantine fault tolerance (PBFT) optimization algorithm based on community contribution (CSPBFT) is proposed here. First, consensus nodes are set according to different roles of participants in community activities, and participants are given different consensus permissions. Second, the consensus process is divided into different stages, and the amount of data processed by each consensus step is reduced. Finally, a two-level consensus network is designed to perform different consensus tasks, and reduce unnecessary communication between nodes to reduce the communication complexity of consensus among nodes. Compared with the PBFT algorithm, CSPBFT reduces the communication complexity from O(N2) to O(N2/C3). Finally, the simulation results show that, through rights management, network level setting and consensus phase division, when the number of nodes in the CSPBFT network is 100-400, the consensus throughput can reach 2000 TPS. When the node in the network is 1000, the instantaneous concurrency is guaranteed to be above 1000 TPS, which can meet the concurrent needs of the community governance scenario.
- Research Article
2
- 10.32342/2074-5354-2022-2-57-6
- Nov 25, 2022
- Academic Review
It has been investigated that the development dynamics of digital media environment causes the emergence of the crypto industry on the basis of blockchain technologies and asymmetric encryption of reliable transactions. The authors state that the crypto industry has been growing through the stages of adaptation, whose features are incredible dynamics and speed of transformations. It has been established that cryptocurrencies, introduced on the markets, function as a means of exchange, store of value and unit of account, are based on mathematical calculations, are a result of these calculations and have cryptographic protection. It has been noted that the basis of cryptocurrency is blockchain technology, considered as a distributed database created by electronic computing and representing a code, whose process of creation is called mining. The advantages and disadvantages hindering the development and use of cryptocurrency in the world have been outlined. Introduction. Current trends in the development of information technology and digitalization of economic processes create an innovative basis for the functioning of the financial market. The dynamic development of the digital media environment is due to the emergence of a new digital economy – Industry 4.0, which is accompanied by virtualization of financial flows through cryptocurrency circulation in the Internet environment based on new blockchain and asymmetric encryption technologies. Problem Statement. Modern computer information technology has significantly affected the global economy and the stock markets, creating opportunities for their virtualization. Today, despite the value of scientific results, many issues of organizational, legal, financial, information support, economic stimulation of the cryptocurrency market, as well as the adaptation mechanism of the crypto industry in the process of virtualization of financial flows remain unresolved. Although studies have been conducted by many authors, methodological approaches to solving the problems of the functioning of the financial mechanism and the integral assessment of the effectiveness of the development of cryptotechnologies are still insufficiently explored. In this context, there is a need for theoretical justification and the formation of a holistic view of the role of the crypto industry in the process of virtualization of financial flows as a basis for building effective financial policy, which determines the relevance of this study. Purpose. The aim of the study is to identify the main problems and outline the directions of development of cryptocurrency in the digital economy. Materials and Methods. The study of this problem was carried out using a multi-level concept, which includes a range of various scientific methods, in particular, dialectical and general scientific principles of complex research, which include: empirical (to identify approaches available in the global and domestic practice to the assessment of trends in cryptocurrency circulation and the cryptocurrency market – observation, comparison, description); theoretical-cognitive (to consider the essence and substantiate the cryptocurrency features – formalization, proposal and testing of hypotheses); general logic (to identify methodological problems of cryptocurrency integration into the financial system and differentiation of approaches to the concept of cryptocurrency – analysis, synthesis, scientific abstraction, generalization, induction, deduction, analogy). Results. It has been found that the emergence of cryptocurrencies has dramatically changed the perception of the world of finance and business. The costs of cryptocurrency extraction have been analyzed and their economic feasibility has been considered. It has been established that the main advantages of cryptocurrency are: the possibility of its use as an investment instrument, protection against inflation, lack of control and restrictions on financial transactions, anonymity, high speed transactions and low commission. However, there are some disadvantages, such as the possibility of a hacker attack, the high cost of cryptocurrency, the instability of its exchange rate, the complexity of legislation, the possibility of tax evasion and financing of criminal groups, speculation in the virtual currency market.
- Research Article
7
- 10.1007/s44227-025-00072-1
- Oct 27, 2025
- International Journal of Networked and Distributed Computing
The convergence of blockchain, artificial intelligence (AI), and cloud computing is catalyzing a paradigm shift in developing secure, intelligent, and scalable digital infrastructures. This triad of technologies is increasingly utilized to improve performance, transparency, and trust in engineering-driven and socio-technical environments. This study systematically reviews the evolution, integration strategies, and applications of blockchain, AI, and cloud computing in digital ecosystems. The analysis is based on 108 peer-reviewed studies spanning the years 2012 to 2025. A comprehensive literature analysis was conducted to identify trends, synergies, and sector-specific implementations of these systems. The review explores how their integration supports real-world engineering and operational use cases. Blockchain contributes to decentralized architectures, secure data exchange, and identity verification. AI supports adaptive behavior, autonomous decision-making, and predictive analytics. Cloud computing offers the scalable infrastructure necessary for deployment. Key challenges addressed include interoperability, latency, security trade-offs, and resource allocation. Use cases in digital finance, supply chain management, and industrial automation demonstrate the effectiveness of this integration in building resilient, ethically aligned, and high-performance infrastructures. The findings offer valuable insights and technical considerations for engineers and architects seeking to design next-generation cyber-physical systems that are secure, intelligent, and socially responsive. Clinical Trial Number Not applicable. This article accentuates the extensive use of blockchain, cloud computing, and AI principles, emphasizing their crucial significance in the contemporary digital environment and paths in which blockchain technology may be employed to automate financial transactions, enhance the security of personal data and records, facilitate cross-border transactions, verify identities, execute smart contracts, utilize cryptocurrencies, and manage supply chains. This research systematically assesses the development and practical application of blockchain, cloud computing, and artificial intelligence technologies over the past decade. This study primarily focuses on monitoring the progress, practical applications, and benefits of blockchain technology in the context of financial transactions. This article probes the symbiotic relationship between artificial intelligence, cloud and blockchain technology, analyzing the evolution and fundamental concepts of their integration from 2012 to 2025. This paper also presents a detailed analysis of 108 research works acquitted over the past decade. The study provides a comprehensive examination of the current state and fundamental principles related to the integration of artificial intelligence, cloud, and blockchain technology. This paper offers a comprehensive analysis of the major obstacles confronted by blockchain technology, examining its wide-ranging applications over several industries and its socko role in transaction systems and the domain of cryptocurrencies.
- Research Article
30
- 10.15421/192305
- Mar 13, 2023
- European Journal of Management Issues
Purpose of the research. Investigate formats for managing the value of international corporate structures, taking into account the formation of digital assets, and develop recommendations for introducing precise modifications to the management of the value of international corporations in the digital economy. Design/Method/Plan of the reseach. Systematic, synergistic, conceptual and methodological approaches are used, involving the use of the method of analysis and synthesis, modeling, formalization, methods of statistical and economic analysis, modeling, expert support and evaluation. Results of the research. The formation of a new external environment of corporations - the "digital environment" - is substantiated as a space for the manifestation of competitive advantages of the digital transformation of the economy, which is characterized by a clarification of the influence of digitalization on the activities of international corporate structures. The factors of increasing the cost in the digital environment are identified, being based on the developed modified approach, which takes into account both the change of the previously known cost factors in the digital environment and the emergence of new, previously unformulated cost factors, which allow to create a scenario of the economic activity of the corporation in the digital environment, to establish the dependence of the selected factors cost and will divide the factors acting in the formation of the digital environment, and the factors that manifest themselves directly in the digital economy. The concept of cost management of the corporation has been developed, in terms of assessing the new external corporate environment, taking into account the influence of digital factors, identifying new cost levers, taking into account radical changes in technological processes, including recommendations on the adaptation of new digital cost management tools, which allows assessing the digital component of the growth of modern markets and takes into account both the creation and destruction of value under the influence of the digital economy. The theoretical significance of the research. The role of the digital economy in relation to the models and tools of corporate governance has been determined. The points of contact and interaction of corporate strategies and the process of business digitalization based on the effective management of the value of the corporation have been studied. The practical significance of the research. The results and recommendations of the study can be implemented in long-term programs for the digitalization of international corporate governance practices and digital support for the development or adaptation of corporate strategies in order to implement the complex potential of the corporation. Originality/Value/Scientific novelty of the research. The specificity of the implementation of digital economy tools in the organizational formats of the activities of international corporate structures has been studied. Modified models for improving corporate value management based on blockchain technologies and digital cost control as part of a corporate strategy have been proposed. Prospects for further research. The obtained results of the research can be used in the context of the development of national and branch programs for digitalization of corporate management and the implementation of digital technologies in the model of corporatization of enterprises and organizations of various forms of ownership. Article type. Theoretical. JEL Classification: F23, L19, O33
- Research Article
1
- 10.22214/ijraset.2023.54462
- Jun 30, 2023
- International Journal for Research in Applied Science and Engineering Technology
Abstract: Blockchain technology have drawn a lot of attention over the past few years. Even though financial transactions are the most researched use, it might upset other markets. With blockchain, there is no longer a requirement for reliable middlemen, which improves transaction transparency. The deflation of fake goods using blockchain technology is the subject of this study. This article provides a review of several anti-counterfeiting strategies, as well as blockchain technology and the features that make them particularly appealing for the use case. The development of an existing system concept is being pursued further, and three distinct concepts have been developed. There is evidence that reducing counterfeits cannot be done purely through technological means. Raising public awareness and pursuing legal action against counterfeiters. Both a reliable alarm system and tamper-proof packaging are essential. These components can produce a cost-effective and all-encompassing strategy to reduce counterfeiting when combined with blockchain technology.
- Research Article
- 10.15587/1729-4061.2025.340995
- Oct 29, 2025
- Eastern-European Journal of Enterprise Technologies
This study investigates artificial intelligence and blockchain technologies as part of the accounting-analytical support system in the public sector. The problem addressed relates to the task of building an effective model of accounting-analytical support in the public sector, based on the synergy of artificial intelligence and blockchain technologies. In the process of the study, a model of accounting-analytical support in the public sector was constructed, underlying which is the synergy of artificial intelligence and blockchain technologies. The model was built on the basis of a logical and consistent roadmap for the transition to an intelligent model of budget resource management. An algorithm for implementing blockchain technology in the accounting-analytical support system in the public sector was developed, which takes into account technical, organizational, legal aspects, and provides a comprehensive approach to the integration of blockchain technologies. It was substantiated that the model built would make it possible to integrate automated data collection and verification, conduct intellectual analysis, forecast, generate various forms of reporting, as well as warrant security, immutability, and information protection. The economic effect of investments in the implementation of a model of accounting-analytical support in the public sector based on the synergy of artificial intelligence and blockchain technologies has been analyzed, which has demonstrated the economic feasibility and prospects of the project. It has been determined that after covering the initial investment of USD 644,500, it is expected to receive an additional net economic benefit of more than half a million USD in present value over 7 years of system operation. It has been determined that the annual economic effect in the amount of 240 thousand USD would be achieved due to the complex influence of factors. In particular, it could be attained through a significant reduction in costs for the preparation and automation of reporting; reducing the number of errors; optimizing the use of budget resources; reducing costs for audit and control measures
- Research Article
- 10.37934/ard.127.1.173188
- Mar 24, 2025
- Journal of Advanced Research Design
Blockchain technology is known for its features like immutability, transparency, decentralisation and security, which can enhance trust, create transparency and promote accountability in educational systems. This study explores the relationship between blockchain technology and sustainable education, focusing on the challenges and benefits of integrating blockchain into educational systems. The research employs an AI-based literature review using Scite.AI to gather and analyse relevant articles, ensuring the selected literature directly addresses blockchain technology within the context of sustainable education. The study identifies significant challenges, such as organisational, technological and environmental factors, that must be addressed to leverage blockchain for sustainable educational advancements. The research highlights that integrating blockchain in education can support sustainable practices by ensuring secure credentialing, efficient resource allocation and fostering trust in digital learning environments. Additionally, blockchain technology can ease worldwide accreditation systems for teaching, learning, practice and business communication, ensuring data protection and transmission of student projects and evaluations. The study also points out the need for robust frameworks to address blockchain technology's technical, ethical and policy challenges in education. It proposes a new Relationship model between Blockchain technology and Sustainable Education. The findings suggest that while blockchain technology has the potential to revolutionise education by providing creative and environmentally responsible educational tools, its implementation faces several technological organisational and environmental challenges. Future research directions are suggested to address these gaps and challenges, aiming to develop effective strategies for integrating blockchain technology into sustainable education systems.
- Research Article
- 10.1093/jas/skad281.767
- Nov 6, 2023
- Journal of Animal Science
Agricultural product traceability has become increasingly important. Emerging digital technologies, like blockchain technology, can facilitate supply-chain data capture and exchange across all segments of the industry. To better understand stakeholder perceptions and willingness to share digital production records using blockchain technology, a digital survey was conducted across sheep industry stakeholders. During January of 2021-2022, a 25-question, online survey was conducted to capture U.S. sheep industry producer and processor perceptions. Survey data included 66 responses, where 84.8%, (n = 56) were sheep and lamb producers and 15.2%, (n = 10) were involved in wool warehousing and processing. A continuous line scale anchored at 0 (not familiar) and 100 (very familiar) was used to assess familiarity with blockchain technology (Table 1). Lamb and wool producers were somewhat familiar with blockchain technology (mean = 43.00, n = 40 completed responses), while wool warehousers and processors answered similarly (mean = 40.40, n = 9 completed responses). Stakeholders were also asked to determine their desired monetary premium (% over base price) to submit records into a blockchain system. Wool and lamb producers were asked what level of premium they would need to receive in order to submit records into the blockchain system, 89% (n = 75) of wool and lamb producers indicated they would need at least a 4.1% premium over base price, while 60% (n = 6) of wool processing respondents were willing to pay producers a 4.1% or higher premium for access to records on the blockchain system. Producers and wool processors are somewhat familiar with blockchain technology as a traceability mechanism, and they are willing to implement this technology if there is incentive available in the market. A greater understanding of the economic value, opportunity, and implications that blockchain technology brings to the market is important in determining if the right incentives are available to integrate this technology into the U.S. sheep industry.
- Book Chapter
3
- 10.1007/978-3-030-72288-3_2
- Jan 1, 2021
This chapter aims to develop a holistic view of the blockchain business model framework with the role of dynamic capability. The study conceptualizes a dynamic capability framework with blockchain properties and business model understanding. The traditional approach to a business model with new technological improvements is the lack of defining the necessary business values that are captured and created from the digital environment. Specifically, blockchain technology generates additional properties that can even disrupt digital business processes. Therefore, it is necessary to build a new business model framework other than digitalization for blockchain technology to disclose disruptive values for guidance on business strategy. The study explains the detailed properties of the blockchain and classical business model and its logic. Later, a dynamic capability framework is combined with these views to establish a new business model for blockchain. This framework is the beginning for businesses that invest in blockchain to understand holistically how to extract the disruptive values out of blockchain technology and applications. Therefore, the study contributes to the businesses that invest in blockchain technology to realize the new benefits by changing traditional processes and distinctive capability which they will gain with the blockchain technology.
- Research Article
9
- 10.3390/risks13060105
- May 29, 2025
- Risks
In a digitalized business, blockchain technology, fintech, AI, and IT governance are crucial for reducing risks and aligning with organizational goals. IT governance ensures smooth and efficient adoption of fintech solutions and AI. Blockchain introduces trust and security through smart contracts, enhancing sustainability performance. Thus, in today’s rapidly evolving digital environment, the integration of these technologies has become critical to organizational resilience in the long-term. The present study aims to explore how the integrated role of IT governance, fintech, and blockchain technologies can enhance sustainability practices to mitigate organizational risks. The study utilized a questionnaire survey to assess the impact of IT governance, fintech, and blockchain technologies on sustainability performance in Oman. The sample included commercial, industrial, and service companies, including banks. A non-probability sampling approach, including convenience and snowball sampling, was used. Software tools such as SPSS and Smart PLS were used to estimate quantitative data analysis and structural modeling results. The study concludes that IT governance dimensions alone have an insignificant impact on sustainability. Importantly, the integrated effect of IT governance (alignment, policies, and committees) improves sustainability. The results also report that IT governance significantly enhances fintech adoption, but it has an insignificant influence on blockchain adoption in organizations. The results reveal that the respondents perceive that sustainability is positively and significantly improved by IT governance strategic alignment and the steering committee. The study offers a unique perspective on the impact of blockchain, IT governance, and fintech technologies on sustainability, filling existing literature gaps and urging policymakers to achieve the Omani Vision 2040.