  Electronic systems tend to simplify the tedious traditional scheme and
basically focuses on the platform design and process organization. The
integrity of the output of an automated system is not left behind but the
possibility of internal manipulation is still high. This paper presents the
current issues in company procurements and the solution in the form of
blockchain technology. Several individuals and professionals were asked to
evaluate a blockchain-based procurement system in comparison to the current
electronic (e-procurement) system. A blockchain-based system has the capability
to hold transactional data with complete decentralization and eliminate the
growing number of fraud cases in companies and organizations. This paper mainly
focuses on the effectiveness of a blockchain-based system in company
procurements.
