id: 34817
Title: Smart contracts and business process automation: the technical aspect
Authors: Chikov I.A., Koliadenko S.V., Supryhan V.A., Tabenska O.I., Nitsenko V.S., Holinko O.V.
Keywords: smart contracts, automation, business processes, blockchain, listing, SWOT analysis
Date of publication: 2023-11-27 10:35:40
Last changes: 2023-11-27 10:35:40
Year of publication: 2023
Summary: To analyze the process of implementing smart contracts for the automation of business processes, aimed at achieving high reliability and cybersecurity during contract execution, optimizing transaction costs, and maximizing the productivity of the enterprise’s internal operations. The research results were obtained using special and general methods of scientific knowledge, namely descriptive, comparative, strategic analysis, abstract-logical and generalization. The study revealed the potential of smart contracts based on blockchain technology to improve business process efficiency, reduce costs, and ensure innovative development in the Ukrainian business environment. A comprehensive analysis of the technical aspects of using smart contracts based on blockchain technology to automate business processes has been conducted; their impact on the business environment has been assessed; a comparison of popular programming languages and blockchain platforms for the development and deployment of smart contracts has been made; a SWOT-analysis of the implementation of smart contracts at Ukrainian enterprises has been carried out, which opens up prospects for innovative approaches to business practices and their optimization. Practical value. The results of the study can be used to develop and implement innovative strategies in a business environment based on the integration of smart contracts based on blockchain technology in order to improve the efficiency of business processes.
URI: http://repository.vsau.vin.ua/repository/getfile.php/34817.pdf
Publication type: Статті Scopus
Publication: Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu. 2023. № 5. P. 186-192. DOI: 10.33271/nvngu/2023-5/186
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Published by: Адміністратор
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