Trust in the Context of Blockchain Applications

Shengwei You, Kristina Radivojevic, Jarek Nabrzyski, Paul R. Brenner · 2022

Measuring trust in different Blockchain application contexts is challenging. There is a gap between building an accountable system with Blockchain and measuring the actual trust enhancement. This paper reviews trust factors in different Blockchain application contexts. We propose a trust assessment model for accountable trust factor collection while accounting for both quantitative and qualitative aspects of trust assessment. Our goal is to help users determine the trustworthiness of an entity by analyzing trust factors collected from intermediaries during business transactions. We use security and incentive assumptions to enhance the reliability of trust assessment data on Blockchain.

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