The Tokenization of the Barter Trade on the Blockchain for the Country of Lebanon

The aim of this research is to consider a new trading style in the turmoil of the current economic situation, where currencies collapse, and inflation hits communities worldwide. The study will research the history, efficiency, and limitations of barter. A digital barter would create a community of traders, offer support in the form of currency inflation, or result in boycotted trade. By exploring the new technologies, the study will offer a way to overcome the limitations of barter and introduce a new conceptual digital barter for business use. The master’s thesis aims to propose the digitalisation of barter and a new theory of a digitally connected barter network in Lebanon for possible corporate trading. The study will draw on a re-invented style of economy and explore technical possibilities. Thereby, for example, a certain community would no longer use the existing financial system to trade and instead exchange digital points in the form of tokens (for example) as a trading circulation. Transactions, whether for services or goods, could have a trade network. The study will take into consideration the history of barter as well as the new technologies that are available that could re-invent the barter system. The combination of the barter system with the new technology would result in a new digital barter hypothesis, that might be helpful for businesses’ trade needs. Such exchanges would protect societies from inflation and currency limitations. The study is an eye-opener for possible new ways of doing business and might be used as a foundation for further developments and applications.

Zod, Joumana, 2022

Art der Arbeit Master Thesis
Auftraggebende
Betreuende Dozierende Moriggl, Pascal
Keywords
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Studiengang: Business Information Systems (Master)
Vertraulichkeit: öffentlich
Art der Arbeit
Master Thesis
Autorinnen und Autoren
Zod, Joumana
Betreuende Dozierende
Moriggl, Pascal
Publikationsjahr
2022
Sprache der Arbeit
Englisch
Vertraulichkeit
öffentlich
Studiengang
Business Information Systems (Master)
Standort Studiengang
Olten