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DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-16899

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International Journal of Management and Applied Science (IJMAS)-IJMAS
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Volume Issue
Issue
Volume-5,Issue-2  ( Feb, 2019 )
Paper Title
Block Chain Applications for SME Transformation: A Pilot Framework
Author Name
Fefie Dotsika
Affilition
Westminster Business School, University of Westminster, London, UK
Pages
68-71
Abstract
As block chain technology matures, governments, banks, healthcare organisations, asset management companies and other corporations explore the potential of the new technology to transform transactions and improve security, efficiency and profitability. While certain aspects of block chain, such as decentralisation and immutability, are well understood, the technology has evolved beyond the original Bit coin block chain, resulting in the need to provide a framework that classifies blockchain infrastructure and aids potential adoption decision making. The framework is particularly relevant to and urgently needed by SMEs, who stand to benefit from the new technology but are disadvantaged by the lack of knowledge and expertise. This paper follows a pilot study that looks into block chain applications taxonomy and proposes such a framework. Keywords - Block Chain, Fintech, Innovation, Block Chain Classification
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