EXAMINING THE IMPACT OF DIGITALIZATION ON CORPORATE SUSTAINABILITY WITH A FOCUS ON THE ROLE OF BLOCKCHAIN AND CRYPTOCURRENCY IN IMPROVING ACCESS TO BANK CREDIT

Abstract

This paper examines the impact of digitalization on corporate sustainability, with an emphasis on the role of blockchain and cryptocurrency in improving access to bank credit. In today's world, digitalization has emerged as a key driving force in transforming business models and financial processes. Blockchain, as an innovative technology, enhances transparency and security in financial transactions and significantly reduces financing costs by minimizing the need for intermediaries. These features help financial institutions make better credit allocation decisions and provide companies with easier access to financial resources.
On the other hand, cryptocurrencies, by offering fast and low-cost solutions for transactions, enable companies to access new markets and a broader customer base. This trend not only improves access to bank credit but also enhances companies' ability to compete in global markets.
The findings of this study indicate that digitalization, particularly through blockchain and cryptocurrencies, can act as a key driver for increasing corporate sustainability and fostering sustainable growth. These advancements benefit not only companies but also the broader economy by contributing to the development of a more efficient and sustainable financial ecosystem. Ultimately, this paper emphasizes the importance of adopting innovative technologies to enhance corporate sustainability and improve access to bank credit.