A Framework for Blockchain Alignment for Implementing Public Business Registers: A European Perspective

This paper examines the alignment of blockchain architecture with the specific requirements of public business registers in Europe. Through a comprehensive literature review, categorization of blockchain models, and analysis of European public business registry cases, this study develops a framework to guide blockchain adoption in public registries. A distributed ledger taxonomy tailored for business registers is presented. This article also introduces a registry mapping procedure and addresses security concerns essential for the transition to blockchain-based architectures. Blockchain technology, popularized in 2009, has evolved into a versatile tool with applications across various domains, including the public sector, where its potential for decentralized solutions is especially promising. In particular, strategic systems that constitute the backbone of the legal and economic order require special considerations providing superior quality and the appropriate level of security. This study proposes a categorization method, outlines a registry mapping procedure, and discusses security concerns integral to blockchain implementation in public registries. The potential of blockchain technology to change the architecture of public business registries is also discussed.