In the past, when you required some work done, you would ask a local craftsman to do so. You were confident that you could trust the craftsman as it was a small village and any betrayal by him or her would result in loss of business. On the other hand, the craftsman knew he/she could trust you as when you would betray the craftsman it would mean that no one in the village … [Read more...] about How Blockchain Could Create a Decentralised Reputation-Based Society
trust
How Zero Knowledge Proof Will Enable Trustless Transactions and Increase our Privacy
While the challenges facing the future viability of Bitcoin and other cryptocurrencies remain unresolved, the underpinning technology that supports Bitcoin, Blockchain, has the potential to revolutionise the way we leverage trust- and even the way we think about trust. Trust is a fundamental good that, while largely intangible, is key to the functioning of practically every … [Read more...] about How Zero Knowledge Proof Will Enable Trustless Transactions and Increase our Privacy
Why Trust and Data Breaches Don’t Get Along
If you want to retain the trust of your customers, you better make sure that you don't have any data breaches. As this infographic, developed by Gemalto, shows, data breaches have a significant impact on consumer trust, loyalty and the perception of how seriously companies take the security of customers' personal and financial data. According to the survey "nearly two-thirds … [Read more...] about Why Trust and Data Breaches Don’t Get Along
Is Wearable Tech Creating a Data Time Bomb?
The company that made your smartphone is no longer a hardware manufacturer. It has become adept at harvesting and managing data from it users, too. Every device has a series of sensors, as well as a user login and an account where data is stored. For manufacturers of wearable technology, theres value in knowing how we spend our time: where we go, what we do, and … [Read more...] about Is Wearable Tech Creating a Data Time Bomb?
How The Financial Services Industry Should Use Big Data To Regain Trust
If there is any industry that can benefit from big data, it is the financial services industry. Of course the first use case that comes to mind is the ability to reduce risks, whether it be credit risk, default risk or liquidity risk. The industry that has lost the trust of its customers a lot since the crisis of 2008 can turn to big data to understand customers better and … [Read more...] about How The Financial Services Industry Should Use Big Data To Regain Trust
