2019

Drivers of Digital Trust in the Crypto Industry

Reprint No. 2019:54

Author(s): Scott Freeman, Ivana Beveridge and Jannis AngelisYear: 2019 Title: Blockchain and Web 3.0: Social, Economic, and Technological Challenges Chapter: 5Editor(s): Massimo Ragnedda and Giuseppe DestefanisPublisher: RoutledgeCity: London and New York Pages: 62–77
Online article (restrictions may apply)


This chapter discusses the socioeconomic and technological aspects of blockchain and its implications when adopted in fintech. In particular, we focus on the enablers of digital trust, which is supporting the mass mobilization of people across geographical and social boundaries at a historically unparalleled speed and extent, bringing them fast into a circle of trust. Drawing on market data, industry cases, anecdotes, and academic frameworks, we analyze the drivers of digital trust in the crypto industry from historic, institutional, market, and sociological perspectives. We support the conclusions drawn with empirical findings generated through a firsthand managerial experience with a leading crypto exchange in Asia.


Reference:
Freeman, Scott, Ivana Beveridge and Jannis Angelis (2019), "Drivers of Digital Trust in the Crypto Industry". Chapter 5, pp. 62–77 in Massimo Ragnedda and Giuseppe Destefanis, eds., Blockchain and Web 3.0: Social, Economic, and Technological Challenges. London and New York: Routledge.

Jannis Angelis

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Interdisciplinary European Studies

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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