Print Email Facebook Twitter Laws for Creating Trust in the Blockchain Age Title Laws for Creating Trust in the Blockchain Age Author Pouwelse, J.A. (TU Delft Dataintensive Systems) de Kok, André (National Service for Identity Data) Fleuren, Joost (Chamber of Commerce) Hoogendoorn, Peter (ABN AMRO) Vliegendhart, Raynor (Netherlands Cadastre) de Vos, M.A. (TU Delft Dataintensive Systems) Date 2017 Abstract Humanity’s notion of trust is shaped by new platforms operating in the emerging sharing economy, acting as intermediate matchmaker for ride sharing, housing facilities or freelance labour, effectively creating an environment where strangers trust each other. While millions of people worldwide rely on online sharing activities, such services are often facilitated by a few predatory companies, managing trust relations. This centralization of responsibility raises questions about ethical and political issues like regulatory compliance, data portability and monopolistic behaviour. Recently, blockchain technology has gathered a significant amount of support and adoption, due to its inherent decentralized and tamper-proof structure.We present a blockchain-powered blueprint for a shared and public programmable economy. The focus of our architecture is on four essential primitives: digital identities, blockchain-based trust, programmable money and marketplaces. Trust is established using only historical interactions between strangers to estimate trustworthiness. Every component of our proposed technology stack is designed according to the defining principles of the Internet itself: self-governance, autonomy and shared ownership. Real-world viability of each component is demonstrated with a functional prototype or running code. Our vision is that the highlighted technology stack devises trust, new acts, principles and rules beyond the possi- bilities in current economic, legal and political systems. Subject BlockchainTrustProgrammable EconomyTransactions To reference this document use: http://resolver.tudelft.nl/uuid:4342cd28-2529-42b4-ae87-7b25bb0f1192 DOI https://doi.org/10.1515/eplj-2017-0022 ISSN 2190-8362 Source European Property Law Journal, 6 (3), 321–356 Part of collection Institutional Repository Document type contribution to periodical Rights © 2017 J.A. Pouwelse, André de Kok, Joost Fleuren, Peter Hoogendoorn, Raynor Vliegendhart, M.A. de Vos Files PDF article.pdf 2.13 MB Close viewer /islandora/object/uuid:4342cd28-2529-42b4-ae87-7b25bb0f1192/datastream/OBJ/view