An Analysis of Challenges of Digitalization Factors of Blockchain Technology

  • Tetiana Artiukh, Alona Zorgach, Anatoliy Ostapchuk, Nadiia Reznik, Kateryna Alekseieva

Abstract

In this research, sufficient attention was given to the review of the process to raise confidence in knowledge in the modern economy. Blockchain technology is one of the many innovations that can change the lives not only of a single person but also of society. Such revolutionary inventions that we are utilizing now, without which our lives might have been much more difficult and would have felt unthinkable and unimaginable a few decades back. A variety of scientists have been working to examine and resolve concerns linked to rising investment protection in the digital economy. The issue of maintaining confidence in knowledge as a protection mechanism for the economic operation has not been addressed. The goal of this article is to discuss how to improve investment activity by implementing blockchain technology in most areas of the national economy. Depending on the experience of international nations, it has been seen that the implementation of blockchain technology in the civil service and the public sector would make it easier to resolve their limitations and Increase the degree of trust in them, which, in effect, would contribute to expanded investment activities both in the area of information technology and in other sectors of the national economy under the conditions of digitisation.

Published
2020-05-10
How to Cite
Tetiana Artiukh, Alona Zorgach, Anatoliy Ostapchuk, Nadiia Reznik, Kateryna Alekseieva. (2020). An Analysis of Challenges of Digitalization Factors of Blockchain Technology . International Journal of Advanced Science and Technology, 29(8s), 2312 - 2321. Retrieved from http://sersc.org/journals/index.php/IJAST/article/view/14704