An Introduction to Blockchain, Cryptocurrency and Initial Coin Offerings

Pierluigi Martino, Kevin Jue Wang, Cristiano Bellavitis, Carlos M. DaSilva

Research output: Chapter in Book/Entry/PoemChapter

18 Scopus citations


Blockchain is a revolutionary technology that allows people to record transactions on a digital, decentralized, distributed ledger, without any central authority. Some consider this technology as “the trust machine” and cryptocurrency is without doubt the most notable by-product of the blockchain revolution. Initial coin offering (ICO) is a new way to raise entrepreneurial finance, newly created cryptocurrencies are being sold to the public by start-ups in exchange of capital. This chapter intends to clarify this phenomenon by explaining the concepts of blockchain technology, cryptocurrency and ICO, in order to provide valuable insights into this new trend of entrepreneurial finance.

Original languageEnglish (US)
Title of host publicationNew Frontiers in Entrepreneurial Finance Research
PublisherWorld Scientific Publishing Co.
Number of pages26
ISBN (Electronic)9789811202766
ISBN (Print)9789811202759
StatePublished - Jan 1 2019
Externally publishedYes

ASJC Scopus subject areas

  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting


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