Blockchain Technology A Trust or Control Machine? Theory and Experimental Evidence

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dc.contributor.authorĐorđe, Milosav
dc.contributor.authorNistotskaya, Marina
dc.contributor.organizationThe QoG Instituteen
dc.date.accessioned2022-03-30T11:18:09Z
dc.date.available2022-03-30T11:18:09Z
dc.date.issued2022-03
dc.description.abstractBlockchaintechnologyhasattractedconsiderableinterestinthelast15years.It is arguedthatBlockchaincansustainanytransactionofvalue,beitmonetaryorinformation, in amannerthatissecureandindependentofinterpersonaltrust.Yet,thereremainslittle understanding onwhetherandhowthistechnologyenablestrust-freetransactions.Thispaper providesanoveltheoreticalaccountontherelationshipbetweentrustandBlockchaintechnology. Furthermore,ittestsasetofhypotheses,associatedwiththeconceptionofBlockchainasatrust- free environment,throughanonlineexperimentinwhichthepropertiesofBlockchain-based smart contactsareexploited.TheresultsindicatethatthepresenceofBlockchaintechnology doesnoteliminatetrustingandtrustworthybehaviorfromhumaninteractions.Onthecontrary, in comparisontothebaselinegroup,thebehavioroftheparticipantsintheBlockchaintreatment exhibited moretrustingandtrustworthybehavior,indicatingsupportfortheclaimthatthis technologymightindeedbeunderstoodasa“trust-buildingmachine”.en
dc.identifier.issn1653-8919
dc.identifier.urihttps://hdl.handle.net/2077/71147
dc.language.isoengen
dc.relation.ispartofseries2022:2en
dc.relation.urihttps://www.gu.se/sites/default/files/2022-03/2022_2_Milosav_Nistotskaya.pdfen
dc.subjectBlockchaintechnology, Trust, Reciprocity, Control, Experimentsen
dc.titleBlockchain Technology A Trust or Control Machine? Theory and Experimental Evidenceen
dc.typeTexten
dc.type.sveparticle, other scientificen

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