ON SMART CONTRACTS AND ORGANISATIONAL PERFORMANCE: A REVIEW OF SMART CONTRACTS THROUGH THE BLOCKCHAIN TECHNOLOGY
ON SMART CONTRACTS AND ORGANISATIONAL PERFORMANCE: A REVIEW OF SMART CONTRACTS THROUGH THE BLOCKCHAIN TECHNOLOGY
Author(s): ZAHEER ALLAMSubject(s): Business Economy / Management, ICT Information and Communications Technologies
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: Smart Contracts; Blockchain; Security; Efficiency;
Summary/Abstract: As the Blockchain technology is gaining momentum in popular culture through Cryptocurrencies, its full implication and application to businesses, on a concrete and factual level, is still seen to be in its infancy stage. While the technology provides numerous advantages regarding stability, trust, speed and others, the robustness of the technology is not widely disseminated. This is further coupled by the common notion of resistance to change in business management processes. This paper explores the concept of Smart Contracts through the blockchain technology and its relevance to the business sector and further outlines the advantages and limitations of its applicability as of date.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2018
- Issue No: 22
- Page Range: 137-156
- Page Count: 20
- Language: English