The potential use of blockchain technology for data collection and measurement of trade in services

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dc.contributor.authorVurdu, Selahattin Armagan
dc.date.accessioned2023-01-19T10:37:52Z
dc.date.available2023-01-19T10:37:52Z
dc.date.issued2022en_US
dc.departmentEnstitüler, Dış Ticaret Enstitüsü, Uluslararası Ticaret Ana Bilim Dalıen_US
dc.description.abstractThe unchangeable, decentralized structure of blockchain makes it a good candidate for potential use in international trade. Services sectors have become a crucial part of the world economy and international trade. Data collection methods used for trade in services may lead to various outcomes such as trade data not being able to be collected accurately and reported timely. If services statistics are not achieved correctly and timely, there is a risk that governments do not have the sufficient data to make correct policy decisions. This paper identifies the reasons that favor the potential application of blockchain technology for services trade data collection and measurement. It is proposed that a database powered by private blockchain acting as a single source of truth implemented for service provider companies to use while completing a transaction or issuing an invoice might be a practical solution for this problem. Arguably, use of blockchain in this field can lead to an instant access to the transactions made in the services sectors. It can also be suggested that, with the help of such a system, the services transactions can be tracked in categories which is difficult to achieve with current data collection methods and not possible in many cases.en_US
dc.identifier.doi10.1007/978-3-030-94672-2_18en_US
dc.identifier.scopus2-s2.0-85129647471en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.urihttps://hdl.handle.net/11467/6084
dc.identifier.urihttps://doi.org/10.1007/978-3-030-94672-2_18
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringer Science and Business Media B.V.en_US
dc.relation.ispartofEurasian Studies in Business and Economicsen_US
dc.relation.publicationcategoryKitap Bölümü - Uluslararasıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.titleThe potential use of blockchain technology for data collection and measurement of trade in servicesen_US
dc.typeBook Chapteren_US

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