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Tag Archives: trust

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Research: How can disclosure and dissemination of information affect levels of trust in crypto-markets?

The cryptocurrency market represents a unique chance to analyze a market with an estimated unregulated capital exceeding $13 billion, which was raised via initial coin offerings (ICOs). A recently published paper in the London Business School Review attempts to identify how much confidence investors can have in crypto markets. The paper analyzes data from more than 750 ICOs that were ... Read More »

Trust issues of open and closed source light wallets for Bitcoin

Currently there are around 250,000 confirmed bitcoin transactions per day, but only 9,200 full bitcoin nodes (nodes are interconnected servers that store Bitcoin’s blockchain), which could mean that Bitcoin users are averaging 27 transactions per day. This could also mean that there are a lot of users connecting to the network via an external node i.e. a node that runs ... Read More »

Trust Is Risk – Bitcoin Based Reputation System for Online Decentralized Marketplaces

Online marketplaces can be either centralized or decentralized. Ebay is one of the most popular centralized online marketplaces, while OpenBazaar is by far the most popular decentralized online marketplace. Online marketplaces rely, in a way or another, on creating a reputation system for both sellers and buyers, which is a common denominator between centralized and decentralized marketplaces. In most cases, ... Read More »

Designing Trust – Weighing The Utility of Smart Contracts Against The Risk of Decentralization

By the year 2025, around 10% of the world’s gross domestic product (GDP) will be stored on blockchains, according to a report that was published by The World Economic Forum in August, 2016. Smart contracts are forms of electronic contracts that are coded and executed on a blockchain, and can disrupt global finance by omitting the need for intermediary third ... Read More »

Trust In Brands Lost Due To Cybercrime, Report Says

MarkMonitor, the global leader in online brand protection conducted a report about consumer trust and cybercrime. According to the research, 16 percent of Dutch consumers lose confidence in a brand that is involved in cybercrime. The report shows that 45 percent of the consumers in the Netherlands has already been a victim of cybercrime. Almost the third of the victims ... Read More »

Introducing The Grail: The 1776 Equal Trust Multisig System

1776 now supports two unique forms of escrowed commerce: Equal Trust Escrow, and what I’ll call “Noob Escrow.” This guest post was Provided by “Tom” the founder and admin of 1776 market – Published as it is. The chances are quite high that if you’re reading this, you aren’t going to want or need Noob Escrow. Noob Escrow provides the ... Read More »