DIGITAL TRANSFORMATION OF SME BUSINESS PROCESSES BASED ON BLOCKCHAIN TECHNOLOGIES IN THE CONDITIONS OF POST-WAR ECONOMIC RECONSTRUCTION

Keywords: digital transformation, blockchain, SMEs, business processes, post-war economy

Abstract

The article examines digital transformation of SME business processes in the context of Ukraine’s post war recovery. It substantiates blockchain as a tool for enhancing transparency, security, and efficiency under economic instability. Key applications include financial transactions, supply chain management, electronic document management, and smart contracts. Global experience shows that blockchain reduces costs, strengthens trust, and ensures traceability. The main barriers in Ukraine include financial, technological, legal, and human resource constraints. The study outlines prospects for improving financial transparency, logistics, and cooperation between business, government, and international partners. Blockchain integration enhances SME competitiveness, sustainability, and global value chain integration.

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Verhoef P. C., Broekhuizen T., Bart Y., Bhattacharya A., Dong J. Q., Fabian N., Haenlein M. Digital transformation: A multidisciplinary reflection and research agenda. Journal of Business Research. 2021. Vol. 122. P. 889–901. DOI: https://doi.org/10.1016/j.jbusres.2019.09.022

Vial G. Understanding digital transformation: A review and a research agenda. The Journal of Strategic Information Systems. 2019. Vol. 28(2). P. 118–144. DOI: https://doi.org/10.1016/j.jsis.2019.01.003

Saberi S., Kouhizadeh M., Sarkis J., Shen L. Blockchain technology and its relationships to sustainable supply chain management. International Journal of Production Research. 2019. Vol. 57(7). P. 2117–2135. DOI: https://doi.org/10.1080/00207543.2018.1533261

Casino F., Dasaklis T. K., Patsakis C. A systematic literature review of blockchain-based applications: Current status, classification and open issues. Telematics and Informatics. 2019. Vol. 36. P. 55–81. DOI: https://doi.org/10.1016/j.tele.2018.11.006

Kshetri N. Blockchain’s roles in strengthening cybersecurity and protecting privacy. Telecommunications Policy. 2017. Vol. 41(10). P. 1027–1038. DOI: https://doi.org/10.1016/j.telpol.2017.09.003

Saberi S., Kouhizadeh M., Sarkis J., Shen L. Blockchain technology and its relationships to sustainable supply chain management. International Journal of Production Research. 2019. Vol. 57(7). P. 2117–2135. DOI: https://doi.org/10.1080/00207543.2018.1533261

Queiroz M. M., Wamba S. F. Blockchain adoption challenges in supply chain: An empirical investigation of the main drivers in India and the USA. International Journal of Information Management. 2019. Vol. 46. P. 70–82. DOI: https://doi.org/10.1016/j.ijinfomgt.2018.11.021

Tapscott D., Tapscott A. Blockchain revolution: How the technology behind Bitcoin is changing money, business, and the world. New York: Penguin, 2016. 368 p.

Zheng Z., Xie S., Dai H., Chen X., Wang H. Blockchain challenges and opportunities: A survey. International Journal of Web and Grid Services. 2018. Vol. 14(4). P. 352–375

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Published
2026-05-25
How to Cite
Panasiuk, O., & Taraniuk, K. (2026). DIGITAL TRANSFORMATION OF SME BUSINESS PROCESSES BASED ON BLOCKCHAIN TECHNOLOGIES IN THE CONDITIONS OF POST-WAR ECONOMIC RECONSTRUCTION. Sustainable Development of Economy, (2 (59), 1002-1009. https://doi.org/10.32782/2308-1988/2026-59-135