Decentralisation and Digital Transformation: User e-Consciousness and Accountability of Intermediators

10 Pages Posted: 1 Nov 2022

Date Written: October 12, 2022

Abstract

With the rise of new technology and decentralised systems came about emerging e-business models and practices. The plurality of sources of information, as well as asymmetry of information and anonymity, are susceptible to create confusions, misinformation, over-information, and misuse of information amongst the Users. Despite the European initiatives on the regulation of digital markets and platforms , certain difficulties remain, as a one-size fits all type of legal framework would not sufficiently take into account the possibilities of emerging business models, ecosystems and new markets. Further, attempting to create a regulatory framework for a continuously developing digital market may not be ideal during a pilot period, whereby different actors are testing out ways to integrate their projects in the novel environment. In consideration of the aforementioned elements, the present paper suggests the creation of a self-risk-assessment User habit and the promotion of incentives to Intermediators acting in projects that involve digital trade, transfer, transaction, and exchange with views of achieving a convergence of good faith, trustworthy, transparent e-conscious practices.

Keywords: digital transformation; accountability; NFT; decentralisation; consumer protection; e-consciousness

JEL Classification: K

Suggested Citation

Kim, Habbine Estelle and Plotka, Maciej Bernard, Decentralisation and Digital Transformation: User e-Consciousness and Accountability of Intermediators (October 12, 2022). Available at SSRN: https://ssrn.com/abstract=4256243 or http://dx.doi.org/10.2139/ssrn.4256243

Habbine Estelle Kim (Contact Author)

Archè Selarl ( email )

Tour Totem
57 Quai de Grenelle
Paris, Paris 75015
France

Maciej Bernard Plotka

Independent ( email )

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