Drivers of Managing the Financial and Economic Stability Potential of an Enterprise: Ensuring Economic and Information Security and Data Protection in a Blockchain Network for Digital Assets
Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.80, No. 2)Publication Date: 2024-06-20
Authors : Mankuta Ya. Turchyniak R. Kovalov A.;
Page : 175-189
Keywords : economic and information security; digital assets; blockchain network; smart contracts; financial and economic stability; enterprise potential; innovative management;
Abstract
The study reveals the key aspects of ensuring economic and information security and data protection in a blockchain network for digital assets as a driver of managing the financial and economic stability potential of an enterprise. The necessity of identifying improvement directions in the development of effective mechanisms for managing financial and economic stability potential is substantiated, taking into account the specifics of functioning under decentralized systems. A model for the integral assessment of an enterprise's economic security level and a conceptual model of strategies for implementing economic security tools are presented. The possibility of deploying a blockchain network for effective data exchange and protection in the operation of digital assets using the Hyperledger Fabric framework is considered. The schematic structure of an Ethereum network node, sequence diagrams for executing transactions in a blockchain network, and smart contract functionality are analyzed. A transformational model of the aggregated organizational and economic mechanism for managing the potential of an enterprise's financial and economic stability is proposed.
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