Corporate Distributed Registers Based On Blockchain Technology

Abstract

Corporate practice indicates the necessity of development of the institute of recording corporate rights. The establishment of effective mechanisms to protect the rights of members of corporations has become a priority for the country's leadership in order to ensure a favorable investment climate and to improve Russia's positions in the Doing Business Report of the World Bank.  One of the instruments that ensures legal security and transparency of transactions with shares of economic entities can be a system of distributed register based on blockchain technology. Its advantages and drawbacks became the subject of this research.