Blockchain implementation in Small and Medium Enterprises

Zdzisław Pólkowski , Małgorzata Nycz-Łukaszewska , Samarjeet Borah

Abstract

The paper concerns the problem of the emulgamation of blockchain technology with business. Blockchain seems to be the one of the most recent technological innovations. This technology can be used in industry, the public sector, health care, education and business. The potential of this technology is not yet fully examined. Initially, blochchain was mainly used for cryptocurrencies, but this is only a part of the possible applications. Large possibilities of practical use result, among others, from the fact that making any change in historical records is impossible. There is no central server that could be vulnerable to cyber attacks. This technology allows to execute immediate financial transactions without intermediaries. This article consists of an introduction after which the definitions of blockchain have been presented. The most important part of the paper presents the results of analysis related to blockchain implementation in business. In addition, the work includes assumptions regarding further development of this technology with particular emphasis on business. This article has been elaborated within the DIMBI project (“Developing the Innovative Methodology of Teaching Business Informatics”, performed within the Erasmus+ program KA2 – Cooperation for innovation and the exchange of good practices; project number: 2015-1-PL01-KA203-0016636)
Author Zdzisław Pólkowski
Zdzisław Pólkowski,,
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, Małgorzata Nycz-Łukaszewska (MISaF / IBI / DBIiM)
Małgorzata Nycz-Łukaszewska,,
- Department of Business Intelligence in Management
, Samarjeet Borah - Sikkim Manipal Institute of Technology,
Samarjeet Borah,,
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Journal seriesScientific Bulletin – Economic Sciences, ISSN 1583--1809, e-ISSN 2344-4908 , (4 pkt)
Issue year2018
Vol17
No3, special
Pages187-196
Publication size in sheets0.5
Conference4tf International Conference on Emerging Trends and Approaches: Creative Thinking and Innovation in Knowledge based Economy (ETAEc 2018), 09-11-2018 - 10-11-2018, Pitesti, Rumunia
Keywords in EnglishBlockchain, SMEs, Implementation, Business, Innovation
URL https://ideas.repec.org/s/pts/journl.html
Languageen angielski
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Score (nominal)15
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