Open AccessBlockchain Technology as a Security Tool a nd a Factor of Trust t o Information in t he Digital Economy
Author(s) -
Захарій Варналій,
Cheberyako Oksana,
Nikytenko Dmytro,
Bilyk Rostislav
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.c1035.1183c19
Subject(s) - blockchain , digital economy , investment (military) , information technology , business , national security , information security , foreign direct investment , public sector , computer security , economy , economics , computer science , political science , law , politics , macroeconomics
Enough attention has been paid to studying the mechanism to increase trust to information in the digital economy. Blockchain technology is one among the number of inventions that going to improve the lives of not only a particular individual, but society. Those innovative technologies that we use nowadays, and without which our lives would have been much more complicated, and it would have seemed impossible and unattainable a few decades ago. A number of scientists have worked at researching and solving the issues of increasing investment security in terms of digital economy. The issue of ensuring trust to information as a security tool of economic activity has not been raised. The purpose of the article is to consider the way to increase investment activity through introducing blockchain technology in most areas of national economy. Based on the experience of foreign countries, it is proved that the introduction of blockchain technologies in public administration and the public sector will make it possible to neutralize their defects and increase the level of trust in them, which in turn will lead to increased investment activity both in the sphere of information technology and in other branches of the national economy in the conditions of digitalization.