Main features and considerations of blockchain technology implementation in e-procurement

Abstract

This article aims to review main features and considerations of the one of the most modern cutting edge technologies‘ implementation, namely blockchain in e-procurement. First of all article describes technological background of Blockchain technology nature. Secondly assumptions and pre-conditions of Blockchain application are explained. Thirdly main process and project management methodologies of Blockchain implementation are delivered and separate steps revised. Last but not least as e-procurement (including its part – Supply chain) is a concept consisting of plenty of different processes, therefore for better technology understanding specific advantages per such major different processes are also explained.