DISTRIBUTED-LEDGER ADOPTION FOR ADVANCING ORGANIZATIONAL MODERNIZATION WITHIN GROWING ENTERPRISES: OBSTACLES AND ARCHITECTURAL BLUEPRINT

Abstract

The quick rise of digital technologies has shown how blockchain could improve business operations by making them safer, more open, and less centralized. Most blockchain solutions, on the other hand, are made for big businesses, which makes it hard for small and medium-sized businesses (SMEs) to use them because they are too expensive, too complicated, and not modular. This study suggests a blockchain-based framework designed specifically for small and medium-sized businesses (SMEs) to make digital transformation more affordable. The framework includes stable consensus protocols, governance mechanisms, and important services like Decentralized Identity (DID), Zero-Knowledge Proofs (ZKP), and Digital Asset Management (DAM). It is meant to be modular, scalable, and simple to connect to current business systems. Experimental testing shows that SMEs are more efficient, secure, and easy to use. The proposed framework lowers the barriers to entry and lets small and medium-sized businesses use blockchain for new ideas, better operations, and safe online transactions.