From Data Transparency and Security to Interfirm Collaboration-A Blockchain Technology Perspective

Abstract

In recent years, blockchain technology has gained significant attention and recognition in both academic and practical contexts, due to its remarkable attributes of scalability, security, and sustainability. However, despite the growing interest, there is still a lack of exploration regarding the potential of blockchain to improve data transparency, enhance information security, and facilitate knowledge sharing. To address this gap, this study conducts a focused review of recent studies to examine precisely these aspects of blockchain technology. Various paradigms that highlight how the utilization of blockchain can enhance data transparency, bolster information security, and enable seamless knowledge sharing among organizations, are identified and proposed. These advancements surpass the capabilities of traditional methods of storing and sharing information.