Int. J Sup. Chain. Mgt Vol. 8, No. 4, August 2019 788 An Empirical Research on with Bit Coin Purchase Intentions of Lebanon Citizens and Its Effects on Supply Chain Strategy Mansour Al Shamali #1 , Pierre Al-Khoury *2 , A. Nagaraj Subbarao #3 1 PAAET, Kuwait 2 Lebanese German University, Lebanon 2 p.khoury@lgu.edu.lb 3 DSU, India Abstract-Nowadays, almost everybody has overheard about the digital currency named Bit coin and its worth has risen steeply. Even extra deeply, Bit coin currency with its central block cable technology has to be managed for pushing a decentralized change around the ecosphere. Intentions of this study are to empirically highlight the features that are associated with the purchase behavior of an individual. Digital signs deliver the resolution, but instead of these the key benefits are misplaced if a right-hand or a trusted another party is obligatory to stop dual expenditure. Bit coin’s attraction has arranged key administration ladders towards a new group of operators. Data (almost 400 Respondents) for this study has been collected form the citizens of Lebanon of multiple cities. For the data analysis the proposed hypothesis has been tested through SPSS process method. Finally this study is concluded with discussion as well limitations and future research indications. Keywords-Bit coin, Economy, Block-chain, Supply chain strategy. 1. Introduction and Literature Managing today’s supply chains—all the links to creating and distributing goods—is extraordinarily complex. Depending on the product, the supply chain can span over hundreds of stages, multiple geographical (international) locations, a multitude of invoices and payments have several individuals and entities involved, and extend over months of time. Due to the complexity and lack of transparency of our current supply chains, there is interest in how block chains might transform the supply chain and logistics industry. Understanding expansions in alternate payment approaches is imperative for Bank of Lebanon, as it is a particular issuer of banknotes, so that it might assume its part in a well-organized way [1], [2]. The Bank of Lebanon directed a survey research as regards Lebanon’s payment methods in 2009 and 2013 and results of this survey give a rich information regarding usage of debit cards, cash as well as credit cards [1], [3]. This survey outcome also helps the bank of Lebanon to collect data regarding newer payment novelties. Bit coin has seemed as extreme productive cryptographic argument in history. Within few years of its quiet inauguration in 2009, Bit coin produced to contain billions of dollar bill of monetary value, in spite of brief analysis of the planning’s. Meanwhile, up warding literature has recognized unseen but significant stuffs of the system, exposed attacks, planned promising alternates, and singled out problematic upcoming challenges. For now a large and energetic community has planned and arranged numerous alterations and additions. Media and journalists conversation of digital coinages such as Bit coin has improved from last few years. On the other hand, the practice of digital exchange as a disbursement system has not reserved a speed. In this paper, the author walks around determining factor of awareness, possession of that particular digital currency in Lebanon state. While relying on the concept of Bit coin, Bit coin, the most prevalent currency, we catch that 64 % of Lebanon’s are have awareness of Bit coin but only 2.9 % are actually using this. ______________________________________________________________ International Journal of Supply Chain Management IJSCM, ISSN: 2050-7399 (Online), 2051-3771 (Print) Copyright © ExcelingTech Pub, UK (http://excelingtech.co.uk/)