Blockchain technology - A new approach in business environment

Abstract

Given the newest trends in business and the growing interest towards Internet of Things, it became natural that economic environment switched the paradigm of classical business model. Blockchain technology is a very timely topic of discussion both in academic environment and outside it. This element was proven by authors when analyzing the topic towards the number of publication releases and the search engine queries. Furthermore, the authors shaped the framework of blockchains' development highlighting the main advantages and disadvantages for Industry 4.0.