Digital model of blockchain economy and its impact on various areas

dc.contributor.authorKlymenko, Ya.
dc.date.accessioned2022-11-04T11:58:01Z
dc.date.available2022-11-04T11:58:01Z
dc.date.issued2022
dc.descriptionKlymenko 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.uk_UA
dc.description.abstractThe 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.uk_UA
dc.identifier.urihttps://card-file.ontu.edu.ua/handle/123456789/23778
dc.subjectblockchainuk_UA
dc.subjectclusteringuk_UA
dc.subjectstock marketuk_UA
dc.subjectprofituk_UA
dc.subjectprofitability of companiesuk_UA
dc.titleDigital model of blockchain economy and its impact on various areasuk_UA
dc.typeArticleuk_UA
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