The impact of commercial fraud on Moroccan private companies and the perception of Blockchain technology as a means of prevention

Abstract

The objective of this article is to study the concern of Moroccan private companies in the face of the risks of commercial fraud, and the perception of the degree of confidence in the exploitation of new technologies, particularly the revolutionary technology of the Blockchain in terms of prevention and fight against the risks of unfair commercial practices. This new technology of Blockchain is considered among the technological innovations in development, having disrupted the world of economic transactions.

A survey has been conducted on a prospective basis with a sample of 128 private companies in the Casablanca-Settat region that carry out commercial activities in different sectors. The purpose of this survey is to study the causes and effects of commercial fraud on the normal functioning of their activities, as well as to measure the level of confidence in the use of new technologies in the prevention of commercial fraud risks.

The data collected was retained for analysis using a deductive method with a quantitative approach.

It turned out that the weakness of internal control, the absence of adequate means of prevention in relation to the current forms of commercial fraud, the lack of knowledge on the exploitation of new technologies in the prevention and the fight against illicit practices, constitute the most powerful arsenal of the causes of commercial fraud.

The results of our research constitute elements of reflection intended to master at best the practical implications of commercial fraud on the performance of companies and the importance of the implementation of new technologies as a means of prevention.