AN ANALYSIS OF THE FEASIBILITY OF BLOCKCHAIN TECHNOLOGY IN THE NATIONAL DEFENSE INDUSTRY
Aygül Aytaç, Serhat Çakır · Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi · 2023
The aim of this study is to analyze and evaluate the feasibility of blockchain technology in the management of technology investments in the national defense industry. Blockchain technology (BT) has the potential to provide an important tool and infrastructure in providing technical cooperation and partnerships between national defense technology companies and institutions. It is predicted that BT shall become widespread in the field of defense industry and its cost shall decrease over time. Data sending and assessment of trust in the collaborative ambiance are seen as important problem areas in the use of blockchain technology by defense industry companies. In order to use blockchain technologies effectively in Turkey’s move of national defense industry, legal foundations, and platforms should be established and a state strategy should be formed in this regard.