Encouraging the ethical use of blockchain technology is essential to ensure that its deployment aligns with societal values and promotes trust among users. A comprehensive approach involves establishing ethical guidelines that address various aspects of blockchain systems, including fairness, privacy, security, accountability, and social responsibility. The European Union’s Expert Group on Blockchain Ethics (EGBE) has developed such guidelines to ensure that blockchain implementations reflect European values and norms. In organizational contexts, the ethical implications of deploying blockchain technology, particularly in areas like human resources, have been explored. Studies suggest that blockchain can enhance transparency and fairness in processes such as recruitment and performance management, but they also caution about potential ethical dilemmas that require careful consideration.

https://link.springer.com/article/10.1007/s10551-022-05058-5