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International Business and Block-Chain Ventures

In: Industry 4.0 and the Digital Transformation of International Business

Author

Listed:
  • Namita Rajput

    (Sri Aurobindo College, University of Delhi)

  • Vikas Garg

    (Amity University)

  • Emilia Alaverdov

    (Georgian Technical University)

  • Jyotsna

    (Jagan Institute of Management Studies, GGSIPU University)

  • Shivani G. Varmani

    (Bhaskarachara College of Applied Sciences, University of Delhi)

Abstract

This research discusses International Business and Block-chain ventures consequences of block-chain ventures. The author points out all the advantages block-chain ventures can generate with businesses searching for buyers, clients, staff, and distributors to access international markets. Besides, the international existence of original coin offerings, including their business models, indicates some conventional methods through internationalization. This analysis seeks to examine the effect on international business of the block-chain ventures as well as the resulting problems and repercussions for international governance. Design/Technique/Strategy To international finance, banking and insurance, supply chain management, and logistics, the study of various block-chain applications, marketing, and advertising illustrates that the use of block-chain in corporate business has various implications on global governance. Outcomes although it is possible to enhance land ownership security or reduce transaction costs, their impact on certain global governance roles is much more indifferent. Limitations/implications: A need for further multidisciplinary or observational research becomes indicated as a guide for future studies. When technology interrupts corporate practices, practical effects often impact organizations’ governance on even an international scale. Recommendations have been created for both the potential control of International Business and Block-chain ventures industry. Therefore, the technology of an originality/meaning block-chain extends well beyond the crypt currency frontier and has developed itself through numerous areas of international business. The research study seeks to examine the effect on both the block-chain's international business and the resulting problems’ potential repercussions for international governance. And conclude its influences on global policy; the use of block-chain technology in foreign relations across several fields is now being examined. The blocking strategy is based on offering global governance-specific challenges and rewards.

Suggested Citation

  • Namita Rajput & Vikas Garg & Emilia Alaverdov & Jyotsna & Shivani G. Varmani, 2023. "International Business and Block-Chain Ventures," Springer Books, in: Gurinder Singh & Richa Goel & Vikas Garg (ed.), Industry 4.0 and the Digital Transformation of International Business, pages 69-83, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-7880-7_4
    DOI: 10.1007/978-981-19-7880-7_4
    as

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