E-Commerce Commons^™

Bitcoin, Blockchain And Trust, Quentin Rene Marcel Rosso

Renée Crown University Honors Thesis Projects - All

In the past few months, there has been an incredible craze about Bitcoins and Blockchain. Prices skyrocketed, and trading platforms emerged very quickly. This new cryptocurrency economy has been compared to the more traditional economy which has been shaken by many crises in the past twenty years. Crises arise when trust collapses. With a mix of interpersonal and institutional trust, our financial system and its institutions are considered obsolete. We are repeating the same mistakes over and over again. Bitcoin will fix our current economy by providing three new elements of Trust: (1) Decentralized architecture and governance neutrality based on …

Blockchain: The Backbone Of Supply Chains In Omni-Channels, Yejin Lee

Renée Crown University Honors Thesis Projects - All

From the financial industry to the healthcare industry, many use cases for blockchain have been explored and adopted. However, unlike most industries, the retail industry has yet to fully explore blockchain’s capabilities, for the industry’s priority is in improving its practices first. One of its practices in the works is omni-channels, which face struggles of its own, that oftentimes result from supply chain inefficiencies. This paper will utilize already explored blockchain potentials as a guide to explore and introduce new potentials in blockchain for supply chain in omni-channels.

Why Aren’T Banks Loaning? An Analysis Of Over $1 Trillion In Excess Reserves In The United States Banking System After The Financial Crisis Of 2008-09, Gregory O. Orlowski

Renée Crown University Honors Thesis Projects - All

This thesis examines the subject of the maintenance of historically unprecedented levels of excess reserves during the financial crisis of 2008-09 and beyond. The thesis first provides an overview of how the buildup of excess reserves happened within the context of the credit crunch. A review of United States' legislative intervention follows. Basic implications of the maintenance of very high excess reserve levels are then discussed, with an emphasis on how this condition has hindered economic recovery. The Federal Reserve Board’s role is explored. This is followed by a comparison of the current financial crisis to a similar crisis that …

The Effects Of Trade Openness On Per Capita Gdp During Banking Crises, Alexander J. Brozdowski

Renée Crown University Honors Thesis Projects - All

This paper examines the real per capita gross domestic product (GDP) growth effects of country trade volume interacted with the recent occurrence of banking crisis. Panel macroeconomic data availability permits the inclusion of banking crises which have occurred worldwide over roughly the past five decades.

Linear regression results provide suggestive evidence that greater trade volume, interacted with the recent occurrence of a banking crisis, may have a large, positive effect on real per capita GDP. A 100 point openness index increase causes an average increase of approximately 2.3% per capita GDP when interacted with the presence of a banking crisis. …

Building Initial Online Trust: A Social Learning Theory Perspective And Application On Brick-And-Click Companies, Xu Yunjie, Kim Hee-Woong, Padmal Vitharana

Management - All Scholarship

A customer’s trust in an online seller is considered to be an important factor for ecommerce success. The extant research has addressed the question of what online trust is and why some factors such as reputation are helpful to trust building. However, the question of where customers collect information about an online firm to base their trust on has not been addressed. In this study, we investigate different processes through which evidences are collected and trust is built. A framework of four “learning-processes ” is proposed based on social learning theory. To demonstrate the utility of the framework, we apply …

The Implications Of Property Rights In Virtual World Business Models, Ian Macinnes

School of Information Studies - Faculty Scholarship

The financial success of online communities based on multiplayer game environments has been a bright spot among the many failures in electronic commerce initiatives. While this form of business has existed for less than a decade, it is growing rapidly and has become a mainstream form of entertainment in some areas of the world, such as Korea. Game environments are becoming more immersive and compelling and if this rate of improvement continues, such as through growing broadband penetration, they are likely to become as common as other forms of entertainment. This paper analyzes the issues facing developers of game communities …

Virtual Worlds In Asia: Business Models And Legal Issues. Paper Presented At Digra, Ian Macinnes

School of Information Studies - Faculty Scholarship

This paper uses two Asian case studies to illustrate the issues that developers of virtual worlds should address as they mature. The Korean case emphasizes the phenomenon of item trading. This involves emergent markets linking real world currency to items existing on company servers. The practice has resulted in controversial and unresolved legal issues. Companies such as ItemBay have grown to take advantage of these opportunities. The Chinese case emphasizes the transformation of business models over time as well as community control. The paper discusses feedback effects between broadband adoption and online games as well as issues such as Waigua, …

Electronic Commerce Fraud: Towards An Understanding Of The Phenomenon, Ian Macinnes, Damani Musgrave, Jason Laska

School of Information Studies - Faculty Scholarship

No abstract provided.