Blockchain-Driven Project Management System for Digital Transformation: Enhancing Transparency and Security
Abstract
Digital transformation requires agile, open and secure project management systems to manage the challenges of modern-day organizational change. These requirements, when delivered via standard project management tools, are often not met in terms of data security, transparency and process efficiency. Blockchain, with its distributed and permanent ledger, provides new solutions to these problems. This paper presents a blockchain-based project management system that will create more transparency, accountability, and security within digital transformation projects. With the help of DLT and smart contracts, this model increases data integrity, automates processes and enables collaborative work in real time with minimal bottlenecks and administration costs. This paper investigates whether the system could effectively keep the data consistent, enhance cooperation and increase compliance without relying on intermediaries. Integration with legacy systems and scalability are some of the major issues that we discussed along with phased integration. This blockchain-enabled solution enables robust, responsible and efficient management of projects, in response to the evolving demands of digital transformation, and providing a future-ready framework for organizations.
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