Sectoral Analysis of Block chain and Smart Contract Innovation in the European Union

Abstract

This thesis presents a sectoral analysis framework for block chain and smart contract innovation in the European Union. It aims to provide insights on adoption and impact within specific industry sectors. Block chain and smart contracts can revolutionize sectors through enhanced transparency and efficiency. The study uses mixed-methods, including a literature review, to analyze sectorspecific applications and challenges. It identifies innovation-friendly sectors, guiding resource allocation and policy formulation. Practical recommendations are given for finance, supply chain, healthcare, energy, and governance sectors, supporting informed decision-making and fostering EU innovation and growth.