What does it mean to trust blockchain technology?

This paper argues that the widespread belief that interactions between blockchains and their users are trust‐free is inaccurate and misleading, since this belief not only overlooks the vital role played by trust in the lack of knowledge and control but also conceals the moral and normative relevance...

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Publicado en:Metaphilosophy Vol. 54; no. 1; pp. 145 - 161
Autor principal: Teng, Yan
Formato: Artículo
Publicado: Wiley-Blackwell Jan2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: What does it mean to trust blockchain technology?
      aug:
        au: Teng, Yan
        affil:
          Ethics and Philosophy of Technology Section, Delft University of Technology,, The Netherlands
          Governance Research Centre, Shanghai Artificial Intelligence Laboratory,, China
      su:
        Trust
        Blockchains
      sug:
        subj:
          Trust
          Blockchains
      keyword:
        blockchain technology
        blockchain trust
        ethics and philosophy of blockchain
        ethics of trust
        trust and trustworthiness
        trust technology
      ab: This paper argues that the widespread belief that interactions between blockchains and their users are trust‐free is inaccurate and misleading, since this belief not only overlooks the vital role played by trust in the lack of knowledge and control but also conceals the moral and normative relevance of relying on blockchain applications. The paper reaches this argument by providing a close philosophical examination of the concept referred to as trust in blockchain technology, clarifying the trustor group, the structure, and the normatively loaded nature of this trust relation. The paper ends by critically reflecting on two of the most promising values (decentralization and transparency) that can invite users' trust in blockchain technology, arguing that there is a tension between the pressing values that are intended to be achieved by developers and the predicament situations caused by current blockchain implementations.
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    language: English
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