Implementing Blockchain Technology in Managerial Systems: Opportunities and Limitations
Keywords:
Blockchain, Smart Management, Digital Transformation, Organizational Transparency, Technological ChallengesAbstract
Objective: This study aims to identify, explain, and analyze the key opportunities, challenges, and prerequisites of implementing blockchain technology in managerial systems to propose a conceptual framework for digital transformation in organizations.
Methods and Materials: This research employed a qualitative review design with a systematic literature review approach. Data were collected through targeted searches in international databases, including Scopus, Web of Science, SpringerLink, IEEE Xplore, and Google Scholar. Twelve relevant peer-reviewed articles were selected and analyzed until theoretical saturation was reached. Data were analyzed using Nvivo 14 software through open, axial, and selective coding. The credibility and dependability of the results were ensured through iterative data reviews and constant comparative analysis.
Findings: Thematic analysis revealed three main categories: “Opportunities of Blockchain Implementation in Management,” including transparency, cost-efficiency, data security, and organizational innovation; “Challenges and Limitations,” comprising technical, legal, cultural, and economic constraints; and “Success Requirements,” including human capacity building, clear policy frameworks, technological synergy, and development of digital trust infrastructure. The findings indicate that blockchain implementation succeeds when technological and institutional dimensions are addressed concurrently.
Conclusion: Blockchain technology can serve as a transformative tool for enhancing transparency, accountability, and operational efficiency in managerial systems. However, its success depends on intelligent policy design, human resource development, and secure digital infrastructure. The results provide actionable insights for managers, policymakers, and strategists seeking to integrate blockchain sustainably into organizational management.
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