kaal:claim:3441904-042

Reputation based metrics were ineffective in centralized governance systems because before blockchain, reputation could not be stored autonomously, anonymously, and transparently, so it was not a reliable predictor of actors' future actions.

Before the emergence of blockchain technology, reputation could not be stored autonomously, anonymously, and transparently. Accordingly, reputation was not a reliable predictor of actors' future actions in centralized governance systems.

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), V.5 Reputation-Based Governance, p. 39
https://ssrn.com/abstract=3441904 · source PDF

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

• pre blockchain centralized reputation systems such as the web of trust and platform ratings

failuresupport: arguedfailure: unreliable-centralized-reputationfamily: reputation-system-gamingreputationconsensus-and-securitydecentralization

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