The Application of Blockchain Technology in the Governance of State-owned Enterprises

Abstract

The problems existing in the governance structure of state-owned enterprises include the lack of diversification of ownership structure; Owner checks and balances; Appointment of directors and senior executives; The absence of supervisors on the board of supervisors; However, the issue of the concurrent appointment of the chairman and the president was ultimately caused by disputes of interest within state-owned enterprises. Interests of disputes is essentially unit interior leadership team members, middle-level cadres, the subordinate, between departments and local understanding of differences between the specific performance, is the profit distribution is not reasonable and the imbalance of differences, and ultimately evolve into stakeholders of chasing interests balance work conflict, Based on the expression forms and motivation analysis of interest disputes, the author puts forward the mode of common governance of stakeholders -- by means of the consensus mechanism in blockchain technology; Choose the governance model as appropriate -- with the help of smart contracts in blockchain technology; Cooperation culture and information communication governance model -- with the help of the distributed ledger in blockchain technology three levels to establish its resolution mechanism.