Leveraging Blockchain Technology for the Empowerment of Women Micro-entrepreneurs
Abstract
Despite the fact that scholars have identified blockchain technology as a powerful tool that can facilitate financial inclusion and empower marginalized people, there is a lack of research regarding its use amongst women, specifically women micro-entrepreneurs. This criticism lends itself to the issue of gender imbalances and inequality in some sections of IT/IS. This study aims to determine the benefits, risks and challenges associated with using blockchain technology for empowering women micro-entrepreneurs. A qualitative research strategy was adopted by using an interview approach, and data collection which focused on the perspectives of professionals employed in the blockchain sector.Using an affordance lens as a guideline, the findings and analysis from the interviews show that blockchain technology both directly and indirectly affords financial inclusion amongst women micro-entrepreneurs in particularly access to financial products and services to promote active participation. We found that many participants motivated that a blockchain solution will not be feasible in the context of a single micro-entrepreneur, but that women should form a network where they will be able to support each other and benefit from economies of scale.