Initial coin offerings: Linking technology and financialization

2020 ◽  
Vol 52 (8) ◽  
pp. 1560-1582
Author(s):  
Matthew Zook ◽  
Michael H. Grote

This paper elaborates on the interactions between digital technologies and financial practices and how they contribute to the ongoing process of financialization. We focus on the circumstances of blockchain-based token offerings and their contribution to reshaping existing systems of investment in startups. We show how future clients become investors via the initial coin offering (ICO) process. The paper is based on interviews with blockchain and industry practitioners during 2018 and 2019 and focuses on an in-depth case study of a specific ICO in early 2018. We suggest a framework consisting of catalysts, cracks and voids to analyze the financialization process and to inform theories of how financialization advances through the new spaces afforded by socially constructed technologies upon which entrepreneurs capitalize. With this framework we provide a better understanding of the mechanics behind financialization, particularly the ways in which business processes, and larger social relations such as the role of investors and clients, are reimagined and reworked.

Author(s):  
Ashu M. G. Solo ◽  
Jonathan Bishop

This chapter looks at the role of the participation continuum in helping to improve relationships that have been damaged as a result of digital addiction. Digital addiction in this context refers to what happens when a person with a compulsion who is not getting that compulsion fulfilled turns to the Internet and other digital technologies in order to fill the void. The chapter is a case study of two people called Person D and Person G in order to make them anonymous. Using medical and other records, it was found that a number of different interventions using the participation continuum could have resulted in changes in the relationship in either holding it together or preventing one party from posting malicious and defamatory comments. The chapter found that a theoretical model, with algorithmic principles applied, called the transitional flow of persuasion model would be able to understand the impacts of digital addiction and provide a means to remedy it.


Author(s):  
Claire Hamshire ◽  
W. Rod Cullen

The transition to higher education can be problematic for some students as they adapt to institutional procedures and degree level working at the same time as developing new social networks. To help facilitate these complex transitions institutions are increasingly turning towards digital technologies to provide both flexible access to resources and improved communication. This paper outlines the key issues associated with students' initial transitions to higher education and explores the challenges faced by academics designing induction procedures and programmes. The emerging role of digital technologies in supporting students' transitions into Higher Education, against the backdrop of a changing digital landscape in one institution is discussed and an evaluation of the easystart induction programme at Manchester Metropolitan University presented as a case study.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mumin Abubakre ◽  
Amjad Fayoumi ◽  
Ismail Eleburuike

PurposeDue to the difficulties organisations face in implementing process improvement initiatives (PIIs), this research explores how visualisation and standardisation of business processes help organisations achieve PIIs to improve organisational performance.Design/methodology/approachA multi-staged case study strategy that analyse qualitative data and performs a process modelling analysis of quantitative data.FindingsThe paper makes two main contributions to existing knowledge. Firstly, it explains how taking the visualised and standardised methods on PIIs can reduce service delivery times and enhance organisational performance. Secondly, it demonstrates how adopting these dual methods offers a better chance of increasing organisational performance than using only a single method.Research limitations/implicationsAlthough the paper considers the flexibility in the standardisation of business processes as it gives scope for innovation and creativity on the part of the process, it did not consider if flexibility is possible without breaking the standardised working way. Hence, future research can consider this. Also, future research can hypothesise the BPM model and test for statistical generalisability.Originality/valueThe research offers new insight into how and when both visualisation and standardisation of PIIs can benefit organisations.


2014 ◽  
Vol 24 (6) ◽  
pp. 545-564 ◽  
Author(s):  
Elina Närvänen ◽  
Evert Gummesson ◽  
Hannu Kuusela

Purpose – The purpose of this paper is to introduce a network perspective to the study of collective consumption. The authors examine the characteristics of heterogeneous consumption collectives formed around a Finnish footwear brand. The case is both theoretically and practically relevant. It differs from previous research by featuring consumer grassroot activities, face-to-face interaction and strong pre-existing social relationships. Design/methodology/approach – Qualitative case study research was conducted with different methods of data generation including interviews, participant observation and cultural materials such as newspaper articles and photos. Findings – A new concept of collective consumption network is introduced. Five kinds of consumption collectives are identified, including place focussed, brand focussed, activity focussed, idea focussed and social relations focussed consumption collectives. The strength of ties as well as the role of the brand varies within the collectives. Practical implications – Suppliers should find an appropriate network position, where they can enable and support shared value creation. Developing skills to identify and cultivate weak links as well as mobilize resources are important. Originality/value – The findings illustrate the heterogeneity and complexity of collective consumption. In particular, the paper discusses the way self-organizing and emergent consumption collectives and the supplier interact and integrate resources within the network.


2015 ◽  
Vol 30 (2) ◽  
pp. 132-159 ◽  
Author(s):  
Jim Rooney ◽  
Suresh Cuganesan

Purpose – The purpose of this study is to examine how managers in financial institutions satisfy themselves of the effectiveness of risk mitigation strategy and management control. It studies the co-opting of accounting tools within a single financial institution case study, examining the recursive and emergent characteristics of risk management practice. Design/methodology/approach – Adopting a field study approach within the strategy-as-practice perspective, the paper provides insights into the role of actor perceptions of risk and accounting as a calculative practice in the adaptive enactment of risk strategy. Findings – Results highlight the interactions between risk management strategy, management controls and actor interests at Lehman Brothers. The actions and reactions of risk management decision-makers such as Executive Committee and Board members are examined to better understand the role of accounting and leadership. Research limitations/implications – Results of this study may not be generalised beyond this single case study. Practical implications – The paper emphasises that concern for the social relations and the performative interests of actors in a risk management network needs to be understood and considered in accounting research. It is argued that the market prices of tradable financial asset will continue to be opaque without these insights. Originality/value – This study explores an under-researched topic in the accounting literature in examining how management controls are affected by and, in turn, affect risk strategising.


2013 ◽  
Vol 9 (2) ◽  
pp. 1-19 ◽  
Author(s):  
Femi Adisa ◽  
Jeremy Rose

Knowledge transfer between consultants and organizational users influences the outcomes of an Enterprise Resource System (ERP) implementation. Configuration and implementation tasks are dependent on generating some level of shared understanding of both business practices and technology. These problems become acute in implementations in small and medium sized enterprises (SMEs). SMEs often operate with non-standard business processes, making an effective interchange of process knowledge between consultants and end-users crucial. Using a multiple case study method and content analysis, the authors investigate the mediating role of absorptive capacity in knowledge transfer in SMEs ERP implementations. They present exploratory case studies from 3 Nigerian companies with varying outcomes, and hypothesize that knowledge transfer is complicated by acute information asymmetry, absence of pre-existing related knowledge and consequent difficulties in developing a shared understanding, and by a tendency to operate with lone consultants and lone organizational representatives.


Author(s):  
’Wale Oni

This chapter presents an overview of literature on the function of social norms and roles in shaping emotions and beliefs, with particular attention to journalistic professional practice. Through the concepts of accountability, transparency, truth, and social responsibility, journalism is presented as a norm-driven socially constructed profession. For example, journalists’ intrinsic personal norms are shown to be stronger in predicting their behaviour compared with extrinsic influences, such as regulatory laws or organizational policies. This chapter also focusses on journalists’ changing concepts of their own occupational role. A case study is presented on the acceptance and use of digital technologies in journalism in Nigeria, which is discussed as a double-edged sword. Although broadcast journalists may be significantly empowered by the use of such technologies, there is also a perceived dumbing down effect on journalistic practice, such that certain normative roles (e.g., sourcing information and expertise) may be jeopardized and professional ethics violated.


2021 ◽  
Vol 3 (4) ◽  
pp. 72-77
Author(s):  
I. I. GLOTOVA ◽  
◽  
E. P. TOMILINA ◽  
E. V. MAKSIMOVA ◽  
◽  
...  

The article discusses the role of technology "digital twins" in the development of digital technologies. Analysis of the development of digital technologies reveals the relevance of the development and implementation of digital technologies in the company's business processes. The article analyzes the main modeling methods used to create digital twins. The features of the use of digital twins in the activities of industrial companies are revealed and the benefits for the company from their use are highlighted. It is noted that the use of the technology "digital twins" allows you to reduce the need for financial resources while minimizing the time spent. It has been established that the use of this technology in the activities of large Russian industrial companies will contribute to a significant increase in the efficiency of their activities and the development of the digital technologies market.


2018 ◽  
Vol 4 (2) ◽  
pp. 243-254 ◽  
Author(s):  
Cristina Caterina Amitrano ◽  
Roberta Gargiulo ◽  
Francesco Bifulco

The impacts of digital technologies are gaining increasing attention in the service literature, and a growing number of cultural organizations are using online websites and social media to interact with their actual and potential customers. However, the contributions developed by service marketing scholars show little interest in examining the role of underlying technologies in a particular service experience context, namely, the cultural heritage context and the corresponding visiting experience. Therefore, the purpose of this research is to analyse how digital technologies, especially social media, can help cultural organizations stimulate customer engagement. To reach this aim, we conducted a single exploratory case study of a communication project developed by the National Archaeological Museum of Naples (MANN) to attract their actual and potential Italian and foreign visitors. The achieved results allow for us to show how digital communication tools can stimulate customer engagement in a cultural heritage context.


Urban Studies ◽  
2020 ◽  
pp. 004209802093794
Author(s):  
Wen-I Lin ◽  
Justin Spinney

This paper contributes to debates on urban governance and mobility through a case study of the transformation of public bike sharing schemes in Shanghai (China) from fixed/docked (PBSS 1.0) to flexible/dockless (PBSS 2.0). Based upon stakeholder interviews and observations between 2015 and 2017, we use the concept of a dispositive to foreground two related processes. The first is the reformulation of the governmental dispositive that coalesces around PBSS in Shanghai. We show how the relations within the dispositive shift from more hierarchical, bounded, regulated and state-led to those characterised by a more dispersed, disconnected, horizontal and distant set of social relations. Second, we show how this dispositive both produces and is produced by an emergent environmentality that manifests in a fixed territoriality in PBSS 1.0 and a more fluid and deterritorialised digital environmentality in PBSS 2.0. In framing this shift, we demonstrate how PBSS 2.0 produces a new dispositive of urban governmentality where the conduct of users is dispersed through a much less co-ordinated network of actors and technologies. Ultimately we argue that it is no longer possible to separate physical and virtual mobility when trying to understand the internal dynamics and external manifestations of mobility governance, which in our example are characterised by less localised and less hierarchical relationships that are more fluid, voluntary and physically distant.


Sign in / Sign up

Export Citation Format

Share Document