MODEL FOR ASSESSING THE READINESS OF THE COMPANY FOR THE IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGIES

Abstract

The article aims to develop a model for assessing companies' readiness to implement blockchain technologies, taking into account factors that influence this process. To achieve this, a model is proposed that considers the current level of a company's knowledge about blockchain technologies and three groups of factors, namely: technological, organizational, and external environmental factors. The three identified groups of factors offer a structured way to analyze the readiness of a company from different perspectives. The article suggests a set of factors for each of the three identified groups. The technological factors encompass aspects related to the development of blockchain technologies and understanding of adventages of technologies within the organization. Organizational factors that take into account the internal structure and processes of the company, leadership commitment, organizational culture, and the availability of dedicated teams for blockchain implementation. External environmental factors involve considerations beyond the company's immediate control, such as regulatory frameworks, market trends, and potential collaborations with external partners. These factors can significantly impact the feasibility and success of blockchain implementation. It is also necessary to determine the weight coefficients for each factor and each group of factors to construct an integrated indicator. To accomplish this, the article proposes using the Analytic Hierarchy Process (AHP) method. This enhances the precision and objectivity of the evaluation process, providing companies with a more reliable basis for decision-making. In general, the approach to assessing companies' readiness for blockchain technology implementation proposed in the article can be a valuable tool for companies considering the possibility of integrating blockchain into their operations. By considering a range of factors and utilizing a systematic methodology, it provides valuable insights that can guide companies in making informed decisions about integrating blockchain into their operations.