THE PERSPECTIVE OF THE IMPLEMENTATION OF THE BLOCKCHAIN WITHIN ROMANIAN COMPANIES

Marian Simion Cernea, Oana Cristina Balacciu (Ene), Cosmin-Mihai Monac, Aurelian Vrânceanu and Ion-Ionuț Bratu
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Marian Simion Cernea: Valahia University, Romania
Oana Cristina Balacciu (Ene): Valahia University, Romania
Cosmin-Mihai Monac: Valahia University, Romania
Aurelian Vrânceanu: Valahia University, Romania
Ion-IonuÈ› Bratu: Valahia University, Romanian

Social-Economic Debates, 2022, vol. 11, issue 2, 44-50

Abstract: Attitudes toward blockchain have visibly and measurably changed as executives and business leaders implement blockchain-enabled solutions, whether they are used specifically for digital assets or innovative applications of blockchain in general. Companies have stepped up their investments, demonstrating their commitment to blockchain technologies. The purpose of this paper is to present an analysis of the implementation of blockchain technology from the perspective of advantages and limits. The results showed that only by looking more closely and observing how companies respond to challenges with cyber security and global digital identity can we see that the blockchain has already pivoted from the realm of the possible to the practical world.

Keywords: blockchain; cyber security; digitization; software architecture (search for similar items in EconPapers)
JEL-codes: E51 F30 G32 (search for similar items in EconPapers)
Date: 2022
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