Trust Design: Balancing Smart Contracts Utility and Decentralisation Risk
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F29142890%3A_____%2F17%3AN0000030" target="_blank" >RIV/29142890:_____/17:N0000030 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1007/s11294-017-9660-x" target="_blank" >http://dx.doi.org/10.1007/s11294-017-9660-x</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s11294-017-9660-x" target="_blank" >10.1007/s11294-017-9660-x</a>
Alternative languages
Result language
angličtina
Original language name
Trust Design: Balancing Smart Contracts Utility and Decentralisation Risk
Original language description
According to the World Economic Forum (World Economic Forum. The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services. August 2016), by 2025 10% of global GDP (gross domestic product) will be stored on blockchains, a type of decentralized database and distributed shared ledger. Smart contracts are automated computable contracts that are executed in blockchains, with the benefit of removing intermediaries and reducing costs. Computable contracts are represented in machine-understandable way. As a result, computers can process and reason over the contracts automatically with a guaranteed degree of accuracy. We found that a fields approach for portfolio construction reveals key demand signals in relation to levels of trust: trust is built when visibility increases, and, trust is resolved when funding is realized. Making these signals tangible is the first step to meta automation –machines managing machines, the ultimate goal of a smart contract. In this sense, this work may prove useful to both fund managers and technology developers.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
—
Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Advances in Economic Research
ISSN
1083-0898
e-ISSN
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Volume of the periodical
23
Issue of the periodical within the volume
4
Country of publishing house
US - UNITED STATES
Number of pages
3
Pages from-to
433-435
UT code for WoS article
000417713000012
EID of the result in the Scopus database
2-s2.0-85034635699