Blockchain Technology-Based Crowdfunding Systems

Technological developments can be effective in every sector, in every subject, as well as in crowdfunding with innovations such as blockchain and bitcoin. While it is important to benefit from funding sources for entrepreneurs, those with investment projects, etc., it is much more important for those who are in a more disadvantaged position to be able to benefit from new and accessible funding sources for their funding needs. Classic crowdfunding can partially provide a solution to these needs. However, classical crowdfunding has some disadvantages as well as other fund alternatives. By taking advantage of the unique opportunities offered by blockchain technology, crowdfunding can come to a much more advantageous position. Blockchain technology-based crowdfunding, which has some features such as being more trustworthy, more understandable, and more open, has emerged from the combination of blockchain technology and crowdfunding. Blockchain technology-based crowdfunding can attract both those in need of funds (e.g., entrepreneurs, investment projects) and those who supply funds (e.g., stakeholders, donors, investors) with the advantages it offers to the processes. Researches and examinations are important in attracting interest and demand in blockchain technology-based crowdfunding and in continuing the technological and structural developments in blockchain-based crowdfunding. This study, it is aimed to examine blockchain technology-based crowdfunding in light of studies in the literature. In this context, blockchain and crowdfunding are discussed in detail in this study. It is thought that this study can provide helpful information to both researchers and those who are considering taking part in the blockchain technology-based crowdfunding process.