
Blockchain Technology, Trust & Confidence
Blockchain Technology, Trust & Confidence Reinterpreting Trust in a Trustless system? ABSTRACT This report provides an in-depth analysis of the theoretical foundations of the concepts of trust andconfidence and their correlation to the notions of risk, agency and legitimacy. These theoreticalunderpinnings are thereafter applied to permissionless blockchains, in order to identify how thefoundational nature of the technology lends itself to