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http://dx.doi.org/10.22156/CS4SMB.2019.9.7.014

A Study on the Effectiveness of Blockchain and Legal System and Policy Tasks for SMEs  

An, Myeonggu (Graduate School of Information Security at Sejong Cyber University)
Park, Yongsuk (Graduate School of Information Security at Sejong Cyber University)
Publication Information
Journal of Convergence for Information Technology / v.9, no.7, 2019 , pp. 14-24 More about this Journal
Abstract
It is necessary to look into multiple subjects, such as effectiveness, laws and polices of blockchain in order to easily accept blockchain technology in small and mid-sized enterprises(SME). This study analyzes the positive effects of applying the block chain to SMEs, examines the laws and policies required to apply them, and identifies the tasks. As a result, we confirmed that it can create positive effects such as optimizing supply chain management, simplifying import and export process documents, improving product quality, facilitating flow of funds, and improving transaction reliability. Also, we confirmed that it is necessary to improve the basic law of electronic transaction, electronic commerce law, electronic financial transaction law, personal information protection legislation, and needs policy supplement for platform development, education system for SMEs, transaction standardization guidelines, tax reduction policy, and block chain research and development. More extensive practical research and specific individual legal studies are needed in the future.
Keywords
Blockchain; Distributive ledger; Smart contractors; Small businesses; Legislation; Policies; Supply chain management;
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Times Cited By KSCI : 8  (Citation Analysis)
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