The Assessment of the Romanian Market Regarding the Potential Adoption of Blockchain

Maria Moraru

A chapter in Digital Transformation, Strategic Resilience, Cyber Security and Risk Management, 2023, vol. 111A, pp 21-31 from Emerald Group Publishing Limited

Abstract: The COVID-19 pandemic has impacted companies both ways, negatively by testing their ability to adapt in uncertain situations and positively by accelerating the adoption of technology systems. One of the new technologies is represented by blockchain which brings decentralised control, transparency between the involved parties, and two-ways security checks on transactions. The Romanian market has been selected to provide an early assessment of the potential the market has on implementing blockchain technology and becoming more transparent within customer and state interactions. As part of the blockchain network, it brings both numerous benefits such as transparency in interactions with other parties and freedom as it is not regulated by any kind of authority yet.

Keywords: Blockchain; technology; accounting; management; transactions; domain; COVID-19; pandemic; G32; N7; M41; O14; O32; Q55 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eme:csefzz:s1569-37592023000111a002

DOI: 10.1108/S1569-37592023000111A002

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