Digital model of blockchain economy and its impact on various areas
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Дата
2022
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Анотація
The constant development of competition in the market and the sharp
differentiation of the needs of the population pushes global and domestic companies to
find solutions to meet the desires of customers, make a profit and protect their own
interests. It is these conditions that have led to the development of cryptocurrencies
and the growing share of e-business algorithms that were used only in narrow areas,
have become widely used and now perform the functions necessary for the stable
development of enterprises. This is the most well-known and most profitable blockchain
technology, which in recent years has proven its effectiveness by increasing the profits
of companies that use it. This technology can significantly reduce the costs of
companies, especially those that are participants in the stock market, and provides
high stability and consolidation of market positions. It can reduce data processing
resources and increase information flows. The article analyzes the advantages and
disadvantages of this technology, its prospects and ways of development. With the help
of clustering methods, global companies were distributed according to the amount of
profit in terms of blockchain use, based on which it is possible to make initial
conclusions about the effectiveness of technology for implementation not only by global
companies but also domestic ones. . As a result, the introduction of this technology will
allow companies to assess the risks of information loss, minimize them and develop
algorithms that will be most effective in each case. This will lead to the construction of
a high-quality customer-oriented approach, which can significantly increase revenue,
affect the number of users and their level of satisfaction. Thus, blockchain technology
can be recommended for use by Ukrainian companies to increase their productivity
and innovate with minimal losses.
Опис
Klymenko Ya. Digital model of blockchain economy and its impact on various areas / Ya. Klymenko ; advisor L. Batsenko // Black Sea Science 2022 : proc. of the Intern. Competition of Student Scientific Works / Odesa National University of Technology ; eds. B. Yegorov, M. Mardar [et al.]. – Odessa : ONUT, 2022. – P. 311–322 : tabl., fig. – Ref.: 11 tit.
Ключові слова
blockchain, clustering, stock market, profit, profitability of companies