ROLE OF BLOCKCHAIN

Abstract

At present, with the rapid development of the Internet structure, the topic of information technology together with the concept of digitalization has become important for enterprises. Arguably, the technological advancements that make digitization possible have contributed to the digital transformation of business models. The concept of digital transformation has surfaced as an area where businesses have been working hard. Digital transformation refers to the overall transformation of a business based on mortals, business processes and technology to provide more efficient and effective services. Therefore, blockchain, known as a disruptive technology, is of great significance for icing on the cake for the digital transformation of enterprises. In this study, some decisions have been made to abandon blockchain technology. Many industries, such as finance, pharmaceuticals, manufacturing, and education, use blockchain operations to benefit from the unique properties of this technology. Blockchain technology (BT) promises benefits in accountability, collaboration, association, identification, trustworthiness and transparency. We also review the literature and promising blockchain-based open intelligence systems to describe the current state of exploration. To this end, we specifically examine these systems for their applicability and contribution to open intelligence, and categorize them according to their primary purpose. Keywords: blockchain technology; digital metamorphosis; blockchain advantages and challenges