Legal Implications Of Blockchain For Corporate Transparency

Akanshika Arora & Ariba Kadri, Amity University

ABSTRACT

Blockchain technology has emerged as a disruptive force with the potential to transform various industries, including corporate governance and transparency. This paper explores the legal implications of implementing blockchain for corporate transparency initiatives. It investigates how blockchain's immutable ledger can enhance transparency practices within corporations while navigating legal challenges such as data privacy, regulatory compliance, smart contract enforceability, and liability. By examining the intersection of blockchain technology and legal frameworks, this research provides insights into the opportunities and challenges facing corporations seeking to leverage blockchain for improved transparency.