UnBlock the Blockchain by Nitin Upadhyay

Author:Nitin Upadhyay
Language: eng
Format: epub
ISBN: 9789811501777
Publisher: Springer Singapore

Macroeconomic Forces

These forces enable the business to understand the global landscape about global market changes, global market dynamics, access to resources, current conditions of the economy, cost and prices related to organization’s specific business models and changes in the economic infrastructures and resources (Osterwalder et al. 2010). Macroeconomic forces affect the business model within the business environment and organization needs to devise, formulate, and execute the strategies appropriately to keep the balance in case of a change in the macroeconomic forces. Consider the effect of running a business in different regions of different countries. Each country-specific area might have a diverse economic infrastructure and resource capability, for example, corporate tax structure and availability of resource pool, and thus provide a constraint on the business model to trigger the interplay of the business elements. Moreover, the trend in the capital market like crowdfunding, considering peer-to-peer fundraising and micro-fundraising models (Swan 2015, p. 12), could be the enablers for the adoption of the blockchain technology as it is not restricted to the venture capitalist zones. Such new fundraising models support the creation of the digital currency called tokens which could be sold to the investors as “digital shares.”

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