Blockchain Technology for Managerial Decision Support


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Abstract

Blockchain technology has gained attention not only in the financial sector but also in public and corporate governance. Its core attributes - decentralization, immutability, and data transparency - can foster a new level of trust and efficiency in managerial decision-making processes. Given the ongoing digital transformation and the growing demand for transparency, many state organizations and governmental bodies consider blockchain a tool for addressing pressing issues in transaction control, document flow, and supply chain management. The key opportunities and limitations of using blockchain technology to support management decision-making at the government and corporate levels are explored. The empirical base included Russian and international scientific publications, official reports by international organizations, and findings from pilot projects and final qualification papers. Research methods encompassed content analysis, comparative analysis of case studies, and systematic data processing to form conclusions and recommendations. The study revealed that blockchain can enhance the transparency and reliability of managerial processes, expedite document flow, and strengthen stakeholder trust. However, organizational and legal barriers, as well as technical challenges (scalability, integration with legacy systems), hinder widespread adoption. Effective application of blockchain in managerial decision-making demands a comprehensive approach: improving the regulatory framework, developing human capital, and establishing a robust digital infrastructure.

About the authors

Thierry P. Talla Fongang

RUDN University

Author for correspondence.
Email: thierrytalla@gmail.com
ORCID iD: 0009-0009-6579-8205

Postgraduate student of the Department of Innovation Management in Industrial Sectors, Academy of Engineering

6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation

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