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Anonymity And Trust Roles In The Digital Barter Age: Digital Transformation Framework And Digital Assets Popularity Assessment

Faccia, A, Manni, F, Eltweri, A, Cavaliere, LPL and Pandey, V (2023) Anonymity And Trust Roles In The Digital Barter Age: Digital Transformation Framework And Digital Assets Popularity Assessment. In: ACM Digital Library . (6th International Conference on Software and e-Business (ICSEB 2022), Shenzhen, China).

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Anonymity is generally a controversial feature that presents multiple trade-offs. It preserves privacy but cannot be Audited; it ensures voice to the voiceless but is prone to online abuse; it allows whistleblowing, but the information cannot be trusted. It is equally questionable when referring to digital/crypto assets. Depending on the perspectives, it might positively and/or negatively affect digital transformation strategies. This paper’s first novelty resides in the original approach to analysing the anonymity and trust roles in electronic commerce transactions from the different stakeholders’ perspectives. A basic but solid framework for consistent digital transformation ion is presented. It is designed to help decision-makers, policymakers, entrepreneurs and engineers. The authors’ innovative assumption is that tokens and crypto-assets (including the so-called crypto-currencies) should be considered early forms of digital barter, easily substituted in the future. Another assumption is that bartering is the old/new frontier for illegal activities. Current forms of money are not free from pitfalls. It can be demonstrated by the fact that money laundering activities are evergreen and constantly change channels and techniques. Hence, the focus should be on adequately designed digital infrastructures to ensure the same level of trust currently granted to FIAT currencies and physical assets. Physical Assets Bartering is the most basic form of exchange. Money added (at least) two important functions: unit of account and store of value. Money popularity is linked to governments’ public trust and facilitated exchanges. However, it does not mean it is the absolute best form of bartering

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Anonymity; Trust; Digital Barter; Money Laundering; Privacy; Blockchain; Audit trail; NFT; Crypto-asset; Cryptocurrencies
Subjects: H Social Sciences > HF Commerce > HF5001 Business
Divisions: Business & Management (from Sep 19)
Publisher: Association for Computing Machinery.
SWORD Depositor: A Symplectic
Date Deposited: 09 Feb 2023 10:03
Last Modified: 28 Mar 2023 10:39
DOI or ID number: 10.1145/3578997.3579010
URI: https://researchonline.ljmu.ac.uk/id/eprint/18825
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