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Research seminar

The BlockchainGov Report on Trust and Confidence in Blockchain Technology

Add to calendar 2022-05-18 16:00 2022-05-18 17:00 Europe/Rome The BlockchainGov Report on Trust and Confidence in Blockchain Technology Sala del Capitolo / Zoom YYYY-MM-DD
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When

18 May 2022

16:00 - 17:00 CEST

Where

Sala del Capitolo / Zoom

The EUI Technological Change and Society Research Cluster hosts a presentation on the BlockchainGov Report on Trust and Confidence in Blockchain Technology, providing an in depth analysis of the theoretical foundations in building trust and confidence and their correlation to the notions of risk, agency and legitimacy.

This report provides an in depth analysis of the theoretical foundations in building trust and confidence and their correlation to the notions of risk, agency and legitimacy. These theoretical underpinnings are thereafter applied to permissionless blockchains, in order to identify how the elemental nature of the technology lends itself to bridging traditional paradigms in generating greater trust and confidence amongst users. In so doing, a thorough overview of the preeminent academic schools of thought is undertaken. This has been examined through the lens of a multi-disciplinary reading group, which brings to bear practical and philosophical considerations in the use of blockchain technology in the modern day world.

The report concludes by providing the key areas in which trust can be reinforced, identifies the limitations of traditional factors as a measure for building trust with a decentralised and pseudonymous environment and defines the differing levels of trust and confidence which are required within an on-chain and off-chain governance structure and its nexus to engendering legitimacy.

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