ABSTRACT
Blockchain technology has emerged as a disruptive force with profound implications for various sectors, including corporate governance. This paper explores the intersection of blockchain and corporate governance, investigating how blockchain technology transforms traditional governance structures, enhances transparency, and improves accountability within corporations. Firstly, the paper provides an overview of blockchain technology, highlighting its decentralized nature, immutable ledger, and cryptographic security features. It then delves into the key principles of corporate governance, emphasizing the importance of transparency, accountability, fairness, and shareholder rights. The paper discusses how blockchain technology can revolutionize corporate governance by introducing transparent and tamper-resistant systems for recording and verifying transactions. Through the use of smart contracts, blockchain enables the automation of governance processes, ensuring compliance with predefined rules and reducing the need for intermediaries.