Barlaeus Dinner on Trust in Decentralized Data Infrastructures

Blockchain & Society Policy Research Lab Research Nodes 2018/2

Amsterdam Law School Research Paper No. 2020-15

Institute for Information Law Research Paper No. 2020-01

12 Pages Posted: 24 Sep 2018 Last revised: 14 May 2020

See all articles by Balázs Bodó

Balázs Bodó

University of Amsterdam - Institute for Information Law (IViR)

João Quintais

University of Amsterdam - Institute for Information Law (IViR)

Alexandra Giannopoulou

University of Amsterdam - Institute for Information Law (IViR)

Valeria Ferrari

University of Amsterdam - Institute for Information Law (IViR)

Date Written: May 24, 2018

Abstract

In this document we summarize the findings of a high-level expert meeting on the topic of trust in blockchain based decentralized data infrastructures. The meeting concluded that contrary to the dominant discourse blockchain technologies are not trustless. In fact trust is a major, unresolved challenge related to the technology. Practical applications that could yield more information on how trust is managed on blockchain technologies are yet to emerge. Blockchain policies should ensure that the technology does not interfere with justice and democracy, and should actively balance economic interests with fundamental rights. The development of blockchain governance frameworks is probably the most important challenge in the short to mid-term.

Keywords: trust, blockchain, decentralized data, technology, regulation, governance

JEL Classification: K20

Suggested Citation

Bodó, Balázs and Quintais, João and Giannopoulou, Alexandra and Ferrari, Valeria, Barlaeus Dinner on Trust in Decentralized Data Infrastructures (May 24, 2018). Blockchain & Society Policy Research Lab Research Nodes 2018/2 , Amsterdam Law School Research Paper No. 2020-15, Institute for Information Law Research Paper No. 2020-01, Available at SSRN: https://ssrn.com/abstract=3243360 or http://dx.doi.org/10.2139/ssrn.3243360

Balázs Bodó (Contact Author)

University of Amsterdam - Institute for Information Law (IViR) ( email )

Rokin 84
Amsterdam, 1012 KX
Netherlands

João Quintais

University of Amsterdam - Institute for Information Law (IViR) ( email )

Rokin 84
Amsterdam, 1012 KX
Netherlands

HOME PAGE: http://https://www.ivir.nl/nl/medewerker/quintais/

Alexandra Giannopoulou

University of Amsterdam - Institute for Information Law (IViR) ( email )

Rokin 84
Amsterdam, 1012 KX
Netherlands

Valeria Ferrari

University of Amsterdam - Institute for Information Law (IViR) ( email )

Rokin 84
Amsterdam, 1012 KX
Netherlands

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