Blockchain as a trust layer for more efficient finance market
This article covers a variety of topics on blockchain and the impact that digital encryption and social engineering will have on finance society. In modernized mortgage market, exchange would happen naturally, allowing users to benefit from a web of trust, where parties do not need to be in a direct...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2019-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/17/e3sconf_tpacee2019_08003.pdf |
| Summary: | This article covers a variety of topics on blockchain and the impact that digital encryption and social engineering will have on finance society. In modernized mortgage market, exchange would happen naturally, allowing users to benefit from a web of trust, where parties do not need to be in a direct relationship with each other to reap rewards from referrals that originate from multiple parties. Pseudonymity and honesty are properties that blockchains handle natively, and this is a candidate solution to the “transparency” problem in lending and borrowing, which acts as a trust inhibitor at scale for many interactions. |
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| ISSN: | 2267-1242 |