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The Perspective Of The Implementation Of The Blockchain Within Romanian Companies

Author

Listed:
  • 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)

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.

Suggested Citation

  • Marian Simion Cernea & Oana Cristina Balacciu (Ene) & Cosmin-Mihai Monac & Aurelian Vrânceanu & Ion-IonuÈ› Bratu, 2022. "The Perspective Of The Implementation Of The Blockchain Within Romanian Companies," Social-Economic Debates, Association for Entreprenorial Spirit Promotion, vol. 11(2), pages 118-124, Septembri.
    • Handle: RePEc:sdb:social:v:11:y:2022:i:2:n:13:p:118-124
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    References listed on IDEAS

    as
    1. Po-Han Ko & Yu-Ling Hsueh & Chih-Wen Hsueh, 2022. "A Low-Storage Blockchain Framework Based on Incentive Pricing Strategies," FinTech, MDPI, vol. 1(3), pages 1-26, September.
    2. Ali, Omar & Ally, Mustafa & Clutterbuck, & Dwivedi, Yogesh, 2020. "The state of play of blockchain technology in the financial services sector: A systematic literature review," International Journal of Information Management, Elsevier, vol. 54(C).
    3. Sangsung Park & Sunghae Jun, 2020. "Sustainable Technology Analysis of Blockchain Using Generalized Additive Modeling," Sustainability, MDPI, vol. 12(24), pages 1-15, December.
    4. Milica Jevremović & Nada Staletić & Gheorghe Orzan & Milena P. Ilić & Zorica Jelić & Cristina Teodora Bălăceanu & Oana Valeria Paraschiv, 2022. "Predicting User Behaviour Based on the Level of Interactivity Implemented in Blockchain Technologies in Websites and Used Devices," Sustainability, MDPI, vol. 14(4), pages 1-20, February.
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    More about this item

    Keywords

    blockchain; cyber security; digitization; software architecture;
    All these keywords.

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • F30 - International Economics - - International Finance - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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