Trust(less): How Blockchain Will Help Us Navigate the Post-Trust World

Report Overview

Author: Christian Keil
Release Date: October 31, 2019

Abstract:

This is the second half of Trust(less): How Blockchain Will Help Us Navigate the Post-Trust World. It explores the broken promises of prominent players in the first ten years of blockchain technology and examines their behavior in terms of their benevolence, competence, and integrity. It also addresses the negative associations that orbit blockchain in the mind of the average, semi-informed observer and outlines a four-step process for rebuilding trust in the blockchain ecosystem.

Related Content

Can Blockchain Help with Gun Registries

Countries with universal background checks and gun registries experience significantly fewer gun-related deaths. As a highly encrypted, tamper-resistant, and decentralized database, distributed ledger technology has the potential to serve as a distributed registry of guns. DLT could allow gun buyers to prove a lack of a criminal record (the equivalent of a background check) without giving up personal information. This survey of the blockchain landscape highlights several start-ups such as VeriTransfer and GunClear that are experimenting with DLT to do for firearms provenance what other blockchain innovators have done with food, cannabis, and pharmaceuticals—all without impeding the rights of legitimate gun owners.

Read More

Token Taxonomy: The Need for Open-Source Standards Around Digital Assets

This project underscores the importance of standards and governance of token innovation in managing digital assets. It takes an in-depth look at the Token Taxonomy Initiative, a new open standards effort championed by a who’s who of enterprise blockchain, from Accenture and Enterprise Ethereum Alliance to Microsoft and Web3 Labs. Its members have taken a first-principles blockchain-agnostic approach to developing a Token Taxonomy Framework, which is expected to help unify our understanding of the token economy without sacrificing the decentralization that makes it so powerful. It starts with token types and progresses to token properties, with a goal of helping anyone—technologist, businessperson, or regulator—to have productive conversations and make critical decisions on token projects.

Read More