NORDSCI Conference proceedings 2019, Book 2

Business and management

MODERN BLOCKCHAIN-PLATFORMS: ADVANTAGES AND PROSPECTS

Prof. Dr. Ruslan Dolzhenko

ABSTRACT

This article is devoted to a study of possibilities to use blockchain technologies in business by making blockchain transactions. The author has presented a view of the blockchain technologies taking into account possibility of their implementation not only in IT and financial relations in labour ones as well. A representation of blockchain technologies in Russian and foreign scientific articles has been analyzed. Possibilities and prospects to use blockchain platforms in the current context have been described. In addition, the author provides some examples of using blockchain platforms in various fields, and outlines their advantages and problematic aspects. The author has analyzed current blockchain platforms in terms of the level of their compliance with the specified parameters and provided suggestions on further development of the distributed registers system. A conclusion that no systemic solutions can be discussed at the current level of technology development has been made, which leads to the immediate necessity to determine features, required properties, and characteristics of the platform solutions in each sphere.

KEYWORDS

Blockchain, smart contract, labour relations, distributed registers, costs

REFERENCE

NORDSCI Conference Proceedings 2019, Book 2, Conference Proceedings, ISSN 2603-4107, ISBN 978-619-7495-06-5, MODERN BLOCKCHAIN-PLATFORMS: ADVANTAGES AND PROSPECTS, 79-86 pp, DOI paper 10.32008/nordsci2019/b2/v2/09