AN ANALYSIS OF THE POTENTIAL EFFECTS OF BLOCKCHAIN TECHNOLOGY ON MANAGEMENT PROCESSES
BLOKZİNCİR TEKNOLOJİSİNİN YÖNETİM SÜREÇLERİNE OLASI ETKİLERİ ÜZERİNE İNCELEME

Author : Erdal ŞEN -- Barış ALNIAÇIK
Number of pages : 660-673

Abstract

With the adoption of the Internet by individuals, many business models have been moving to the online. Time and cost savings make this transformation indispensable for individuals and businesses. In 2008, the concept of the first crypto currency emerged with Bitcoin, which was put forward by a person called Satoshi Nakamoto or a group. The core of Bitcoin is the technology called Blockchain. The interest in this area is increasing with the emergence of blockchain technology, which can be used for the processes of enterprises other than crypto currency, with its dispersed, unchangeable and transparent structure. In the coming years, it is expected that the blockchain will cause radical changes in the management and in all sub-dimensional processes. Although there are some controversies about the applicability of blockchain technology, it is thought that it can be one of the most fundamental parts of digital transformation in the near term for the enterprises. In this study, the definition of the blockchain was made, and its situation in the business world was examined in addition to the evaluation of its effects on the concept of management. The future effects of this undeveloped new technology have been determined by evaluating the possible effects of this technology on the business world and management area.

Keywords

Blokchain, Crypto Currency, Management, Technology

Read: 644

Download: 212