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The rapidly evolving blockchain technology space has put decentralisation back into the focus of the design of techno-social systems, and the role of decentralised technological infrastructures in achieving particular social, economic, or political goals. In this entry we address how blockchains...
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Digital Scarcity is a credibly maintained limitation, imposed through software, of digital information, goods or services that may be accessed and used entirely digitally.
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Cryptoeconomics describes an interdisciplinary, emergent and experimental field that draws on ideas and concepts from economics, game theory and related disciplines in the design of peer-to-peer cryptographic systems. Cryptoeconomic systems try to guarantee certain kinds of information security...
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Trust can best be understood as a relational attribute between (1) a social actor and other actor(s) (interpersonal trust) and / or (2) actors and institutions (institutional or systemic trust) and (3) institutions and (trusting) actors (trust as shared expectations), where institutional...
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Trust can best be understood as a relational attribute between (1) a social actor and other actor(s) (interpersonal trust) and / or (2) actors and institutions (institutional or systemic trust) and (3) institutions and (trusting) actors (trust as shared expectations), where institutional...
Persistent link: https://www.econbiz.de/10012590913
Trust is a key resource in financial transactions. Traditional financial institutions, and novel blockchain-based decentralized financial services (DeFi) rely on fundamentally different sources of trust and confidence. The former relies on heavy regulation, trusted intermediaries, clear rules...
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