Work

Economic Effects of Implementing Blockchain Technology in Public Administration: Analysis of Transparency and Reduction of Transaction Costs

Year: 2025

Type: article

Abstract: The article analyzes the economic effects of implementing blockchain technology in public administration, with an emphasis on increasing transparency, reducing transaction costs and strengthening public trust. Key characteristics of blockchain, such as decentralization, data immutability and cryptographic protection, as well as their impact on the optimization of administrative processes are considered. Based on international experience, including cases of Estonia, Georgia, Singapore, the UAE, Sweden and Australia, economic benefits and challenges are assessed.

Source: RUSSIAN ELECTRONIC SCIENTIFIC JOURNAL

DOI: 10.31563/2308-9644-2025-56-2-105-113

Authors: Ableeva A.M., Garifullin R.F.

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W4412641264

FWCI:

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