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  5. "The Problem of Digital Tokenization in Business: Concept, Purpose and Ways of Solutions": Seminar at YSU Faculty of Economics and Management
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"The Problem of Digital Tokenization in Business: Concept, Purpose and Ways of Solutions": Seminar at YSU Faculty of Economics and Management

April 25, 2024

The regular session of the scientific-practical seminar was held at the YSU Faculty of Economics and Management. Ara Karyan, Candidate of Economics and Associate Professor at the Chair of Financial Accounting, presented a report on the topic "The Problem of Digital Tokenization in Business: Concept, Purpose and Ways of Solutions".

The speaker presented the concept of competitive and inclusive growth of Armenia’s economy, based on the digital economy matrix and built on the axis of digital convergent development of the real, financial and ICT sectors of the economy, as well as the educational sector. Emphasizing the synergistic outcomes, Associate Professor A. Karyan highlighted how this approach will generate a new level of competitiveness among all beneficiaries and consumers of the mentioned sectors. 

Discussions revolved around the digital development algorithm, which involves creating a business matrix of organizations across key sectors like "IT+military industry", "IT+processing industry" based on the business model of tokenized assets.

The role of organizational and legal regulations of business digitization within the real economy sector, aimed at ensuring business management efficiency, boosting productivity, promoting and fostering innovations and exploring alternative possibilities of investment flows, was underscored.   

It’s important to note that a series of scientific and practical seminars has commenced at the YSU Faculty of Economics and Management offering faculty members from YSU and other Armenian universities the opportunity to participate.  

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