Design objective DO4: Provide editable information about funding projects
The crowdlending platform needs to provide details about projects in search for funding, as information is seen as a crucial factor of the funding success (Lins et al. 2016; Overby et al. 2010). Furthermore, the ability to update the auction with recent project information has a positive effect on the funding outcome (Agrawal et al. 2014; Ward and Ramachandran 2010).
Source paper
This design objective is proposed by Unchaining Social Businesses - Blockchain as the Basic Technology of a Crowdlending Platform (Andre Schweizer, Vincent Schlatt, Nils Urbach, Gilbert Fridgen, 2017).