Crowdfunding-Based Fiduciary Warrant in Providing Capital Loans for Small and Medium Enterprises

Small and Medium Enterprises (SMEs) are organized through people's creativity in developing human and natural resources. However, investment challenges often affect their implementation and production processes, necessitating solutions, such as capital loans from banks and other entities. Crowdfunding is an online loaning service that provides easily accessible loans to SME startups, though a warrant to protect creditors from losing money to ingenuine people is necessary. Therefore, this study examines the appropriateness of a fiduciary warrant as a SMEs collateral object. When fiduciary is used as a loan warrant, debtors are allowed to use collateral objects in their production processes. To make a fiduciary warrant effective, legal protection is required. This study used juridical-normative that relied on legal norms in legislation and court verdicts dealing with societal organizational issues. The results showed that crowdfunding-based credit is an alternative with more straightforward procedures compared to conventional entities

Did weekly economic index and volatility index impact US food sales during the first year of the pandemic?

We explore the impacts of economic and financial dislocations caused by COVID-19 pandemic shocks on food sales in the United States from January 2020 to January 2021. We use the US weekly economic index (WEI) to measure economic dislocations and the Chicago Board Options Exchange volatility index (VIX) to capture the broader stock market dislocations. We validate the NARDL model by testing a battery of models using the autoregressive distributed lags (ARDL) methodology (ARDL, NARDL, and QARDL specifications). Our study postulates that an increase in WEI has a significant negative long-term effect on food sales, whereas a decrease in WEI has no statistically significant (long-run) effect. Thus, policy responses that ignore asymmetric effects and hidden cointegration may fail to promote food security during pandemics

Review of Peer-to-Peer (P2P) Lending Based on Blockchain

Peer-to-Peer (P2P) lending is a financing business model that has gained popularity in recent years due to the ease of loan application, disbursement, and repayment processes. The volume of Peer-to-Peer (P2P) Lending transactions have a significant growth. One of the reasons for the popularity of Peer-to-Peer (P2P) lending is its utilization of technology in both the application and loan repayment processes. One such technology gaining traction in Peer-to-Peer (P2P) lending is blockchain technology. The popularity of blockchain technology lies in its ability to enhance the transparency of the transaction process. This literature study aims to address three main questions: What are the characteristics of blockchain suitable for Peer-to-Peer (P2P) lending , the benefits of implementing blockchain technology in Peer-to-Peer (P2P) lending and the challenges of Peer-to-Peer (P2P) lending based on blockchain. The findings reveal that there are characteristics of blockchain that can be applied to Peer-to-Peer (P2P) lending, bringing numerous benefits to the overall Peer-to-Peer (P2P) lending process. However, challenges persist in the implementation of blockchain technology in Peer-to-Peer (P2P) lending. The insights gained from this literature review are intended to guide researchers interested in studying the application of blockchain technology in the context of Peer-to-Peer (P2P) lending

Operating in Environments Affected by Uncertainty : Supply Chain Finance, Timely Information Sharing using Advanced Technology, and Financial Performance in Supply Chain Management 4.0

To be made open access under the Scottish Higher Education Digital Library (SHEDL)Peer reviewe

Review of Peer-to-Peer (P2P) Lending Based on Blockchain

Peer-to-Peer (P2P) lending is a financing business model that has gained popularity in recent years due to the ease of loan application, disbursement, and repayment processes. The volume of Peer-to-Peer (P2P) Lending transactions has a significant growth with more than $103 billion in 2020, according to The Cambridge Centre for Alternative Finance (CCAF). A key distinguishing factor from traditional methods is the integration of technology in both application and repayment. One such technology gaining traction in Peer-to-Peer (P2P) lending is blockchain technology. The popularity of blockchain technology lies in its ability to enhance the transparency of the transaction process. This literature study aims to address three main questions: What are the characteristics of blockchain suitable for Peer-to-Peer (P2P) lending, the benefits of implementing blockchain technology in Peer-to-Peer (P2P) lending, and the challenges of Peer-to-Peer (P2P) lending based on blockchain. This paper uses a systematic literature review guided by well-defined inclusion and exclusion criteria to answer those questions. The findings reveal that there are characteristics of blockchain that can be applied to Peer-to-Peer (P2P) lending such as decentralized, transparency. It can bring numerous benefits to the overall Peer-to-Peer (P2P) lending process, such as eliminating intermediaries in the lending process. However, challenges persist in the implementation of blockchain technology in Peer-to-Peer (P2P) lending like implementing cross-platform, alternate collateral, and others. This research contributes by identifying key blockchain characteristics for Peer-to-Peer (P2P) lending integration, evaluating the benefits of blockchain in Peer-to-Peer (P2P) lending, and examining challenges faced comprehensively. These insights enhance the understanding of blockchain's role in Peer-to-Peer (P2P) lending

Improving MSMEs’ access to start-up financing in ASEAN countries

Lack of access to finance constitutes a major setback to the development of the MSME sector in ASEAN countries. MSMEs are confronted with stringent funding constraints in traditional lending and capital markets, in particular at the early stages of their activity. Demand and supply of capital to MSMEs thus entails more complex issues compared to the larger firms. This paper presents a number of policy actions that have the potential to mitigate the financing challenges faced by MSMEs in ASEAN at the start-up stage by enhancing the potential of alternative funding sources such as business angel investment, crowdfunding, venture capital investment and SME stock markets