Blockchain : Catalyst for Sustainable Business Practices and Economic Development
Adhikari, Biplob (2024)
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024052716643
https://urn.fi/URN:NBN:fi:amk-2024052716643
Tiivistelmä
Blockchain technology has evolved significantly from its inception as the foundation of cryptocurrencies to becoming a disruptive force across multiple industries. This thesis delves into the role of blockchain as a catalyst for sustainable smart business practices and economic development. Through a mixed-methods research approach, it examines the current landscape of blockchain adoption, its implications for various industries, and its potential economic impacts. The findings provide insights into how blockchain can overcome existing challenges and drive positive change in digital ecosystems, thereby enhancing economic development.
In this study, qualitative interviews, literature reviews, and quantitative surveys are employed to analyze blockchain adoption rates, challenges, and opportunities across diverse sectors. The research questions explore the level of blockchain adoption in different industries, the contributions of blockchain to sustainable business practices, the challenges and opportunities associated with blockchain integration, and the economic impacts of widespread blockchain implementation. Through thematic analysis and statistical techniques, this study offers a comprehensive understanding of the transformative potential of blockchain technology.
The results indicate a growing acceptance and adoption of blockchain technology, driven by its ability to enhance transparency, security, and efficiency in digital transactions. However, challenges such as regulatory uncertainty and interoperability issues persist, hindering widespread adoption. By addressing these challenges and leveraging blockchain's potential, businesses and economies can unlock new opportunities for growth and innovation. This thesis contributes to both theoretical advancements and practical recommendations for stakeholders navigating the evolving landscape of digital innovation.
In this study, qualitative interviews, literature reviews, and quantitative surveys are employed to analyze blockchain adoption rates, challenges, and opportunities across diverse sectors. The research questions explore the level of blockchain adoption in different industries, the contributions of blockchain to sustainable business practices, the challenges and opportunities associated with blockchain integration, and the economic impacts of widespread blockchain implementation. Through thematic analysis and statistical techniques, this study offers a comprehensive understanding of the transformative potential of blockchain technology.
The results indicate a growing acceptance and adoption of blockchain technology, driven by its ability to enhance transparency, security, and efficiency in digital transactions. However, challenges such as regulatory uncertainty and interoperability issues persist, hindering widespread adoption. By addressing these challenges and leveraging blockchain's potential, businesses and economies can unlock new opportunities for growth and innovation. This thesis contributes to both theoretical advancements and practical recommendations for stakeholders navigating the evolving landscape of digital innovation.