IDEAS home Printed from https://ideas.repec.org/a/aic/revebs/y2018j22allamz.html
   My bibliography  Save this article

On Smart Contracts And Organisational Performance: A Review Of Smart Contracts Through The Blockchain Technology

Author

Listed:
  • ZAHEER ALLAM

    (Lord Ashcroft International Business School, Anglia Ruskin University, United Kingdom)

Abstract

As the Blockchain technology is gaining momentum in popular culture through Cryptocurrencies, its full implication and application to businesses, on a concrete and factual level, is still seen to be in its infancy stage. While the technology provides numerous advantages regarding stability, trust, speed and others, the robustness of the technology is not widely disseminated. This is further coupled by the common notion of resistance to change in business management processes. This paper explores the concept of Smart Contracts through the blockchain technology and its relevance to the business sector and further outlines the advantages and limitations of its applicability as of date.

Suggested Citation

  • Zaheer Allam, 2018. "On Smart Contracts And Organisational Performance: A Review Of Smart Contracts Through The Blockchain Technology," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 22, pages 137-156, December.
    • Handle: RePEc:aic:revebs:y:2018:j:22:allamz
    as

    Download full text from publisher

    File URL: http://rebs.feaa.uaic.ro/articles/pdfs/292.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pilkington Marc, 2016. "Blockchain Technology: Principles and Applications," Post-Print halshs-01231205, HAL.
    2. Jennifer J. Xu, 2016. "Are blockchains immune to all malicious attacks?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 2(1), pages 1-9, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Heidari , Hamed & Mousakhani , Morteza & Alborzi , Mahmood & Divandari , Ali & Radfar , Reza, 2019. "Explaining the Blockchain Acceptance Indices in Iran Financial Markets: A Fuzzy Delphi Study," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 14(3), pages 335-365, July.
    2. Sahebi, Iman Ghasemian & Masoomi, Behzad & Ghorbani, Shahryar, 2020. "Expert oriented approach for analyzing the blockchain adoption barriers in humanitarian supply chain," Technology in Society, Elsevier, vol. 63(C).
    3. Dominique Guégan & Christophe Hénot, 2018. "A Probative Value for Authentication Use Case Blockchain," Documents de travail du Centre d'Economie de la Sorbonne 18022, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    4. Carol Inoue Dick & Aaron Praktiknjo, 2019. "Blockchain Technology and Electricity Wholesale Markets: Expert Insights on Potentials and Challenges for OTC Trading in Europe," Energies, MDPI, vol. 12(5), pages 1-25, March.
    5. Geoffrey Goodell & Hazem Danny Al-Nakib & Paolo Tasca, 2021. "A Digital Currency Architecture for Privacy and Owner-Custodianship," Future Internet, MDPI, vol. 13(5), pages 1-28, May.
    6. Huru Hasanova & Ui‐jun Baek & Mu‐gon Shin & Kyunghee Cho & Myung‐Sup Kim, 2019. "A survey on blockchain cybersecurity vulnerabilities and possible countermeasures," International Journal of Network Management, John Wiley & Sons, vol. 29(2), March.
    7. Khaled A. M. Ahmed & Sabry F. Saraya & John F. Wanis & Amr M. T. Ali-Eldin, 2023. "A Blockchain Self-Sovereign Identity for Open Banking Secured by the Customer’s Banking Cards," Future Internet, MDPI, vol. 15(6), pages 1-25, June.
    8. Evans, Olaniyi, 2018. "Blockchain Technology and the Financial Market: An Empirical Analysis," MPRA Paper 99212, University Library of Munich, Germany.
    9. Min Xu & Xingtong Chen & Gang Kou, 2019. "A systematic review of blockchain," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-14, December.
    10. Shaik Vaseem Akram & Rajesh Singh & Anita Gehlot & Mamoon Rashid & Ahmed Saeed AlGhamdi & Sultan S. Alshamrani & Deepak Prashar, 2021. "Role of Wireless Aided Technologies in the Solid Waste Management: A Comprehensive Review," Sustainability, MDPI, vol. 13(23), pages 1-31, November.
    11. Nien-Ping Chen & Kao-Yi Shen & Chiung-Ju Liang, 2021. "Hybrid Decision Model for Evaluating Blockchain Business Strategy: A Bank’s Perspective," Sustainability, MDPI, vol. 13(11), pages 1-22, May.
    12. Ahmed Alketbi & Qassim Nasir & Manar Abu Talib, 2020. "Novel blockchain reference model for government services: Dubai government case study," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1170-1191, December.
    13. Giudici, Giancarlo & Giuffra Moncayo, Giancarlo & Martinazzi, Stefano, 2020. "The role of advisors’ centrality in the success of Initial Coin Offerings," Journal of Economics and Business, Elsevier, vol. 112(C).
    14. Abderahman Rejeb & John G. Keogh & Horst Treiblmaier, 2019. "Leveraging the Internet of Things and Blockchain Technology in Supply Chain Management," Future Internet, MDPI, vol. 11(7), pages 1-22, July.
    15. Salim, Taghreed Abu & El Barachi, May & Mohamed, Ahmed Alfatih D. & Halstead, Susanne & Babreak, Nasser, 2022. "The mediator and moderator roles of perceived cost on the relationship between organizational readiness and the intention to adopt blockchain technology," Technology in Society, Elsevier, vol. 71(C).
    16. Hamid Yeganeh, 2019. "An Analysis of Emerging Patterns of Consumption in the Age of Globalization and Digitalization," FIIB Business Review, , vol. 8(4), pages 259-270, December.
    17. Adhami, Saman & Giudici, Giancarlo & Martinazzi, Stefano, 2018. "Why do businesses go crypto? An empirical analysis of initial coin offerings," Journal of Economics and Business, Elsevier, vol. 100(C), pages 64-75.
    18. Xu, Xiaoping & He, Ping & Zhou, Li & Cheng, T.C.E., 2023. "Coordination of a platform-based supply chain in the marketplace or reselling mode considering cross-channel effect and blockchain technology," European Journal of Operational Research, Elsevier, vol. 309(1), pages 170-187.
    19. Dominique Guegan & Christophe Hénot, 2018. "A Probative Value for Authentication Use Case Blockchain," Post-Print halshs-01896540, HAL.
    20. WRÓBLEWSKI Wojciech & WIŚNIEWSKI Michał, 2024. "The Concept of a Method for Predicting the Cascade Effect Under Conditions of Hybrid Warfare," Foundations of Management, Sciendo, vol. 16(1), pages 233-246.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:revebs:y:2018:j:22:allamz. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sireteanu Napoleon-Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/feaicro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.