New Blockchain Taxonomies and Trust Models Impacting Business Performance
Hani El-Chaarani, Zouhour El Abiad, Hebatallah Abd El Salam Badawy · 2022
During recent years, the blockchain technology has been widely studied and analyzed in different domains. This research explores the application and discusses the importance of this innovative technology in four different sectors: Financial, industrial, healthcare and supply chain. Based on real world applications extracted from different databases like webpages, interviews and annual reports, the result of this chapter indicates that the employment of blockchain technology in business activities can enhance the managerial, operational, financial, and commercial performance. In addition, the result shows that the employment of this new technology in financial sector can decrease the risk of money laundering.