TRANSPR—Transforming Public Accountability Through Blockchain Technology

Sriram, P. R.; Subhashruthi, N. J.; Manikandan, M. Muthu; Gopalan, Karthik; Kaushik, Sriram

doi:10.1007/978-981-15-7062-9_16

Cited by 2 publications

(1 citation statement)

References 15 publications

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“…Concerning blockchain, one author states that ʻall activities on the project, from the call for tender, procurement of material, choice of contractor, the status of the work will be stored on the blockchain' (Sriram et al, 2021).…”

Section: Blockchain In the Award Phase Of Public Procurement Contractsmentioning

confidence: 99%

The Legal Regime of Smart Contracts in Public Procurement

SAVA

DRAGOȘ

2022

TRAS

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This article attempts to critically review the applications of smart contracts in public procurement. The literature on the topic is characterized by an emphasis on potential advantages and uses of this emerging technology, while it lacks in the concrete practical implementations of smart contracts in public procurement. In this context, we wish to realistically outline the legal regime of smart public procurement contracts. For this, we analyze the potential use of blockchain and smart contracts in public procurement at two stages: contract award and contract execution. Our article also discusses case studies of smart public procurement contracts, in order to assess their compatibility with and their impact on the EU public procurement system.

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Section: Blockchain In the Award Phase Of Public Procurement Contractsmentioning

confidence: 99%

The Legal Regime of Smart Contracts in Public Procurement

SAVA

DRAGOȘ

2022

TRAS

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Blockchain integration in public sector: A comprehensive review of economic and legal challenges

Radonjić,

Bojić,

Novaković

2024

Ekonomika preduzeća

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This paper presents a comprehensive analysis of the benefits, obstacles, and ramifications of integrating blockchain technology into public sector functions, specifically focusing on economic and legal aspects. The discussion commences with an examination of the societal relevance of blockchain technology, as it is poised to dramatically enhance procedural efficiency within public sector organizations. Subsequently, the paper delineates the primary research objectives, which encompass identifying the multitude of benefits of blockchain technology for the public sector, investigating its legal and economic consequences, and scrutinizing the challenges that public sector organizations might face during implementation. Research methodologies employed to attain these objectives consist of an extensive literature review and qualitative primary data acquisition from field experts. Findings reveal that blockchain technology holds the potential to augment the swiftness and dependability of administrative procedures while bolstering data security within public sector organizations, albeit some legal and economic apprehensions persist. Regardless of these challenges, the authors maintain that the public sector is poised to reap significant rewards from blockchain technology deployment due to its capacity to modernize and streamline operations, as well as its capabilities for precise and verifiable data storage. Research limitations include a scarcity of available primary data and reliance on a singular data collection method. Suggestions for future research involve conducting additional studies addressing the questions raised in this research and supplementing the findings with user perspectives.

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TRANSPR—Transforming Public Accountability Through Blockchain Technology

Cited by 2 publications

References 15 publications

The Legal Regime of Smart Contracts in Public Procurement

The Legal Regime of Smart Contracts in Public Procurement

Blockchain integration in public sector: A comprehensive review of economic and legal challenges

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