Abstract
This paper describes the impact of blockchain on organizations in various fields of activity. In order to describe the impact in detail and correctly, the blockchain process is described, which is divided into several stages. In addition, the architecture of the blockchain technology implementation system is displayed. Due to the fact that blockchain technology correlates with other electronic centralized systems, its distinctive features are listed. Based on these features, there is a change and simplification of business processes in organizations. However, this technology has both advantages and disadvantages which will disappear over time. There are certain requirements for the blockchain, the fulfillment of which will allow creating a working version of a decentralized system. Thus, this work confirms the pos-sibility of integrating blockchain technology into various fields of activity.
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