Designing a mechanism for generating confidence in crowdlending platforms

Abstract

The development of the equity economy as a new business model, the spread of digital platforms, as well as the task of increasing the efficiency of resources, stimulated the development of new financial instruments, including crowdlending. At the same time, lack of sufficient accumulated experience, both in the functioning and regulation of crowdlending platforms, significantly limit their activities. The purpose of this study is to design and substantiate the mechanism of confidence generation in crowdlending platforms. In the course of the study, the peculiarities of the equity economy functioning, which are characteristic, among other things, for crowdlending platforms, were described, regulatory, technical and reputational risks of confidence loss in the subsystems of the “platform-borrower”, “platform-investor” and “loan-investor” relationships were identified, and tools for their reduction in these subsystems were proposed. In addition, an author’s model of interaction between actors of the pooled investment market when investing by a loan provision has been developed, which includes the function of a collateral operator to represent the interests of investors in a one-to-many relationship. The theoretical significance of the results obtained consists in the expansion of scientific research in the field of the sharing economy to the financial resources market. The practical significance of the indicated results consists in the possibility of implementing these proposals to increase the level of confidence in crowdlending platforms.

Typology of digital platforms in shared economy

“…При расшифровке применяемых ресурсов в скобках выделены основные области экономической деятельности, соответствующие ресурсному обеспечению цифровых платформ долевой экономики: информационное обеспечение туризма, медицинских услуг; материальное обеспечение аренды жилья, оборудования и продаж подержанных вещей; финансовое обеспечение инвестиций; трудовое обеспечение работы и обучение трудовых кадров. ЦП аренды жилья (Gerwe, Silva, Castro, 2020) ЦП краудлендинга (Popov, Fedoreev, Veretennikova, 2021) ЦП коворкинга (Durante, Turvani, 2018) C2C (P2P) ЦП обмена (Styven, Mariani, 2020) ЦП совместного размещения (Xiong, Wang, Xu, 2020) ЦП краудфандинга (Chandna, 2022) ЦП совместного обучения (Stofberg et al, 2021) Источник: составлено авторами Данные табл. 3 демонстрируют наличие различных типов цифровых платформ долевой экономики, структурированных по видам применяемых ресурсов и уровням взаимодействия между участниками.…”

Audit as a Tool for Reducing Compliance Risks of Digital Investment Ecosystem Participants

“…В основу исследования положены научные труды в области исследований возможностей краудфандинговых платформ (И. А. Езангиной, А. В. Евстратова [1], Е. Б. Стародубцевой, М. Б. Медведевой [7], Е. В. Попова [6], О. Л. Королева [2], Е. В. Усеня [9]), структуры предпринимательских экосистем и взаимодействий участников (Е. Лафуэнте и соавт. [14], M. Палм [15], E. Джанлука [12], A. Каптуркевич [13], Третьякова Е. А., Фрейман Е. Н.…”