BLOCKCHAIN TECHNOLOGY IN THE LOGIC SYSTEM OF THE ENTERPRISE

Journal Title: Приазовський економічний вісник - Year 2018, Vol 1, Issue 6

Abstract

Today a large variety of the Internet technologies are used for the implementation of logistics operations. Blockchain it is the modern, developing program that has already bring commodity circulation to a new level. The technology allows the transmission of information through a worldwide network without the participation of intermediaries. Access to the registry is available to all Blockchain users who act as a collective notary public, which confirms the information in the database. The program can be used for financial transactions, user identification, cybersecurity technologies, etc. The article is devoted to the technology of improvement of the logistic process at enterprises. The methodology of the program’s operation, the main advantages of the work, and examples of practical application are described. Consequently, the newest technologies simplify and improve the work of the logistics system at the enterprises. The main advantage of using the Blockchain program is that all transactions are recorded and after the operation completes the information passes to the blockchain as a permanent database. Each time a block is completed, a new block is created. In blockchain, there are many such blocks that are related to each other and are arranged in the correct linear, chronological order.

Authors and Affiliations

M. V. Mokliak, E. O. Khaustova

Keywords

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  • EP ID EP572426
  • DOI -
  • Views 126
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How To Cite

M. V. Mokliak, E. O. Khaustova (2018). BLOCKCHAIN TECHNOLOGY IN THE LOGIC SYSTEM OF THE ENTERPRISE. Приазовський економічний вісник, 1(6), -. https://europub.co.uk/articles/-A-572426