THE IMPACT OF BLOCKCHAIN TECHNOLOGIES ON THE TRANSPARENCY OF FINANCIAL OPERATIONS

This article examines the impact of blockchain technologies on the transparency of financial transactions. Blockchain, as a decentralized and secure accounting system, offers new approaches to processing and storing financial data, which can significantly increase the level of trust between market participants. The study analyzes key characteristics of blockchain, such as data immutability, information availability, and the possibility of automation through smart contracts. Examples of the implementation of blockchain technologies in various sectors of the economy are considered, as well as their impact on the fight against fraud and financial crimes.

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Publication Details

Journal
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Published
2025-01-01
DOI
https://doi.org/10.36871/ek.up.p.r.2025.06.08.014
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
0.00
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article

THE IMPACT OF BLOCKCHAIN TECHNOLOGIES ON THE TRANSPARENCY OF FINANCIAL OPERATIONS

С. В. Николаева, Ekaterina Vladimirovna Vovk, Anastasia A. Baboshkina
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Business and Economic Development
article

THE IMPACT OF BLOCKCHAIN TECHNOLOGIES ON THE TRANSPARENCY OF FINANCIAL OPERATIONS

С. В. Николаева, Ekaterina Vladimirovna Vovk, Anastasia A. Baboshkina
article en

Abstract

This article examines the impact of blockchain technologies on the transparency of financial transactions. Blockchain, as a decentralized and secure accounting system, offers new approaches to processing and storing financial data, which can significantly increase the level of trust between market participants. The study analyzes key characteristics of blockchain, such as data immutability, information availability, and the possibility of automation through smart contracts. Examples of the implementation of blockchain technologies in various sectors of the economy are considered, as well as their impact on the fight against fraud and financial crimes.

EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYAVol. 6/8(159)
Openalex Percentile: Top 76%
Business and Economic Development
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