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Deciphering trust mechanisms in blockchain platforms: A multifaceted experimental exploration
Managerial and Decision Economics ( IF 1.379 ) Pub Date : 2024-03-05 , DOI: 10.1002/mde.4152
Cheng Xu 1 , Yanqi Sun 2
Affiliation  

Blockchain technology, celebrated for its transparency and immutability, has emerged as a transformative force across various industries. However, the nuanced mechanisms by which these attributes cultivate user trust remain enigmatic. This study embarks on an empirical odyssey to elucidate the multifaceted relationship between transparency, immutability, and user trust within blockchain platforms, incorporating a gender perspective to enrich the exploration. Through a pre-registered experimental procedure involving diverse participants, we manipulate the visibility of transaction history and the immutability of records but also the complexity. Our results unveil that both transparency and immutability significantly amplify user trust, with distinct effects observed based on gender. Additionally, we uncover the underlying mediating variables that affect these relationships, providing a textured understanding of the dynamics at play. The findings extend the theoretical frontier in blockchain-related trust research and furnish valuable insights for practitioners in the design and regulation of blockchain platforms, thus contributing to a more profound comprehension of this burgeoning technology.

中文翻译:

破译区块链平台中的信任机制:多方面的实验探索

区块链技术以其透明度和不变性而闻名,已成为各个行业的变革力量。然而,这些属性培养用户信任的微妙机制仍然是个谜。本研究着手进行实证探索,阐明区块链平台内透明度、不变性和用户信任之间的多方面关系,并纳入性别视角来丰富探索。通过涉及不同参与者的预先注册的实验程序,我们操纵了交易历史的可见性和记录的不变性以及复杂性。我们的结果表明,透明度和不变性都显着增强了用户信任,并且根据性别观察到了明显的影响。此外,我们还揭示了影响这些关系的潜在中介变量,从而提供了对动态的具体理解。这些发现拓展了区块链相关信任研究的理论前沿,为区块链平台的设计和监管从业者提供了宝贵的见解,从而有助于更深刻地理解这一新兴技术。
更新日期:2024-03-06
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