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Blockchain technology as a mechanism to facilitate Algeria's membership in the Brics group
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Boukhalfi.messaoud@univ-ghardaia.dz
ouargli.walid@univ-ghardaia.dz
Abstract: Algeria is seeking to join the Brics group at the end of the year. In order to achieve this, it
requires a global economic reform so as to move from an emerging economy based on traditionalism to a
smart economy based on modern technologies existing in the world such as blockchain technology and smart
contracts which incarnate the principle of decentralization as a basis for facilitating economic transactions as
well as many other advantages offered by these contracts. On the other hand, despite the advantages of
this technology, it requires creating an adequate climate for its adoption. That's what it has been taken into
account by the state thanks the establishment of the Ministry of Economy and Digitization in hope of reaching
a strong and integrated economy. In this context, this study came to examine the possibility of benefiting
from this technology to facilitate the access to the brics group, and it concluded that this technology could
facilitate Algeria's membership in the group, especially if it was adopted at the level of the energy sector and
financing startups.
Keywords: blockchain, smart contracts, brics, energy, emerging institutions.
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ghardaia.dz-ouargli.walid@univ
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