OPPORTUNITIES AND RISKS OF IMPLEMENTING THE BLOCKCHAIN FOR UKRAINIAN BUSINESS
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Abstract
A study of potential opportunities and risks of blockchain implementation for Ukrainian enterprises was conducted. Proposals for the development of a system of actions for business tokenization have been developed. The nature of the blockchain of Ukrainian enterprises related to decentralization processes in society has been established. The ontological and organizational principles of the blockchain in the crypto industry are studied. The experience of using blockchain technology in the USA and Great Britain has been studied. The main projects of Ukrainian ministries and some state institutions, in particular the NBU, on the introduction of advanced world technologies are analyzed. The main advantages of blockchain technology for business in various fields of activity are identified. A parallel was drawn between the activities of the largest public companies, the largest companies by market capitalization and startups with the highest rating in Ukraine and the world. These practical recommendations can be applied not only in the Ukrainian business space, but also in the business of countries that have chosen innovative development. Algorithmic actions for the introduction of blockchain technology in Ukraine are proposed, taking into account the risks, opportunities and threats of Ukrainian business.
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