THE ADAPTIVE POTENTIAL OF SMART CONTRACTS IN THE ARCHITECTURE OF THE REGIONAL ECONOMY: LOGISTICS ASPECT
Abstract
The trend toward digitalization and the implementation of ESG standards poses the challenge for Russian regions to rapidly restructure their governance. This paper demonstrates that integrating smart contracts into a region's transport and logistics system can significantly increase the flexibility of its institutional system. The authors explore the potential of blockchain algorithms for optimizing operating costs, ensuring the transparency of trade flows, and verifying non-financial reporting. A conceptual feedback loop is presented, demonstrating the intersection of digital technologies and regulatory mechanisms. The authors' contribution lies in their interpretation of smart contracts as flexible regulatory algorithms and their identification of the logistics industry as the primary vehicle for ESG principles at the meso-level. This material will be of interest to specialists in regional governance, institutional economics, and digital innovation.
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