International Business and Block-Chain Ventures

Namita Rajput (), Vikas Garg (), Emilia Alaverdov, Jyotsna () and Shivani G. Varmani
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Namita Rajput: Sri Aurobindo College, University of Delhi
Vikas Garg: Amity University
Emilia Alaverdov: Georgian Technical University
Jyotsna: Jagan Institute of Management Studies, GGSIPU University
Shivani G. Varmani: Bhaskarachara College of Applied Sciences, University of Delhi

A chapter in Industry 4.0 and the Digital Transformation of International Business, 2023, pp 69-83 from Springer

Abstract: Abstract This research discusses International Business and Block-chain ventures consequences of block-chain ventures. The author points out all the advantages block-chain ventures can generate with businesses searching for buyers, clients, staff, and distributors to access international markets. Besides, the international existence of original coin offerings, including their business models, indicates some conventional methods through internationalization. This analysis seeks to examine the effect on international business of the block-chain ventures as well as the resulting problems and repercussions for international governance. Design/Technique/Strategy To international finance, banking and insurance, supply chain management, and logistics, the study of various block-chain applications, marketing, and advertising illustrates that the use of block-chain in corporate business has various implications on global governance. Outcomes although it is possible to enhance land ownership security or reduce transaction costs, their impact on certain global governance roles is much more indifferent. Limitations/implications: A need for further multidisciplinary or observational research becomes indicated as a guide for future studies. When technology interrupts corporate practices, practical effects often impact organizations’ governance on even an international scale. Recommendations have been created for both the potential control of International Business and Block-chain ventures industry. Therefore, the technology of an originality/meaning block-chain extends well beyond the crypt currency frontier and has developed itself through numerous areas of international business. The research study seeks to examine the effect on both the block-chain's international business and the resulting problems’ potential repercussions for international governance. And conclude its influences on global policy; the use of block-chain technology in foreign relations across several fields is now being examined. The blocking strategy is based on offering global governance-specific challenges and rewards.

Keywords: Crypt currency; Block-chain; Business model; Initial coin offering; International business (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-7880-7_4

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DOI: 10.1007/978-981-19-7880-7_4

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