An Efficient and Decentralized Blockchain-based Commercial Alternative (Full Version)
Marwan Zeggari, Renaud Lambiotte, Aydin Abadi, Louise Axon, Mohamad, Kassab

TL;DR
This paper introduces Lyzis Marketplace, a blockchain-based decentralized platform that enables secure, transparent, and trustless online asset exchanges without relying on trusted third parties, fostering a more democratic commercial environment.
Contribution
It presents a novel incentive-driven, decentralized protocol for online marketplaces that replaces centralized structures with blockchain technology to enhance security and transparency.
Findings
Supports trustless physical asset exchanges
Provides transparent and protected data storage
Enables decentralized, permissionless marketplace environment
Abstract
While online interactions and exchanges have grown exponentially over the past decade, most commercial infrastructures still operate through centralized protocols, and their success essentially depends on trust between different economic actors. Digital advances such as blockchain technology has led to a massive wave of \textit{Decentralized Ledger Technology} (\textit{DLT}) initiatives, protocols and solutions. This advance makes it possible to implement trustless systems in the real world, which, combined with appropriate economic and participatory incentives, would foster the proper functioning and drive the adoption of a decentralized platform among different actors. This paper describes an alternative to current commercial structures and networks by introducing \textit{Lyzis Labs}, which is is an incentive-driven and democratic protocol designed to support a decentralized online…
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Taxonomy
TopicsBlockchain Technology Applications and Security · IoT and Edge/Fog Computing · FinTech, Crowdfunding, Digital Finance
