kaal:claim:3405401-033

Truly increasing counterparty trust in decentralized smart contract based commerce requires that counterparties be able to review a long history of each other's conduct in decentralized commerce and of performance in earlier smart contracts.

Source quote, verbatim

To truly increase trust for counterparties in decentralized smart contract-based commerce, counterparties need to be able to review a long history of each other's conduct in decentralized commerce and the history of performance in earlier smart contracts.

From

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019), VI. Decentralized Reputation as the Solution, p. 8
https://ssrn.com/abstract=3405401 · source PDF

Cite as

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401

Holds when

decentralized smart contract based commerce

Classification

conditionsupport: arguedreputation

Related claims

restated_by kaal:claim:3406323-037 Increasing counterparty trust in decentralized commerce requires that the full history of transactions be open...
extended_by kaal:claim:3782192-039 Money and contracts are worthless in business with counterparties who cannot be trusted to keep a bargain, so ...

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