Blockchain in Practice?

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  • László Szabó Budapest Business School
  • Norbert Forman Budapest Business School
  • Mihály Szilárd Avornicului Budapest Business School



Blockchain, ICT, DLT Technology, Education, European Union (EU)


The digital future has reached a new milestone and brought major changes to industries. Blockchain technology has taken centre stage in recent years. The range of blockchain and distributed ledger technologies (DLT) has great potential to create an infrastructure for reliable, decentralised and unmediated services beyond the financial sector. In logistics, blockchain-centric solutions are being sought to perform infocommunications activities with distributed databases. Business users expect a leap in efficiency and speed in the execution of their daily processes. Blockchains can be used to take digitisation and monitoring to a higher level. However, the question is how this can be used in everyday life. How to acquire the right digital competences, how to make complex systems. We can see that ICT is also making progress in the field of education. It is important to build and develop digital competences. The European Union has also recognised the importance of this area and has launched a testing system. In this paper, we briefly describe the functioning of the blockchain. We will show that it can be used in many areas of the economy. We will also touch upon education in the ICT field with a special focus on digital education. Finally, the future expectations of the European Union are outlined.


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Author Biographies

László Szabó, Budapest Business School

Department of Business Information Technology, Hungary

Norbert Forman , Budapest Business School

Department of Business Information Technology, Hungary

Mihály Szilárd Avornicului, Budapest Business School

Department of Business Information Technology, Hungary


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How to Cite

Szabó, L., Forman , N., & Avornicului, M. S. (2023). Blockchain in Practice?. International Journal of Advanced Natural Sciences and Engineering Researches, 7(4), 265–268.

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