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_bykaal:claim:3406323-037 Increasing counterparty trust in decentralized commerce requires that the full history of transactions be open...
extended_bykaal: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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