Open Technologies for Public Tendering. Blockchain Technology Impact on Transparency and Efficiency of Public Procurement Processes

Emerging Technologies Revolutionising Public Procurement: Insights from Comprehensive Bibliometric Analysis

“…PP, as a tool for sustainable and inclusive growth (Zabala-Iturriagagoitia 2022; Ambe 2019) and as an essential mechanism of modern public governance, will use ET to improve administrative efficiency through the automation of repetitive administrative tasks and provide unprecedented information and analysis regarding spending patterns for better decision-making (Vaidya and Campbell 2016). Also, ET could make PP more transparent (Rodríguez Bolívar and Prados 2022) to help prevent corruption (Modrušan et al 2021) and increase public trust (Deloitte and European Commission 2020;Wu Chebili et al 2021). Thematic maps integrated into bibliometric inquiry allow researchers to investigate a particular discipline's cognitive framework and information domains.…”

“…In the second (red) cluster, we identified the keywords of blockchain, smart contracts, and transparency that have an obvious relationship and practical explanation (Kamali 2019;Gohil and Thakker 2021). Blockchain suggests a decentralised and immutable ledger for securely recording and storing transactional data, including procurement activities This transparency guarantees that all procurement-related transactions, such as bid submissions, contract agreements, and payment transfers, are permanently recorded and easily audited by relevant stakeholders, which includes government agencies, auditors, and citizens (Rodríguez Bolívar and Prados 2022). The procurement process can be automated and subject to the application of established rules and conditions via smart contracts (Triana Casallas et al 2020), self-executing contracts recorded on the blockchain.…”