Blockchain Technology Application in the Sharing Economy:  A Proposed Model of Effects on Trust and Intermediation

Mehrwald, Pascal; Treffers, Theresa; Titze, Maximilian; Welpe, Isabell M.

doi:10.24251/hicss.2019.555

Cited by 26 publications

(17 citation statements)

References 71 publications

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“…The primary methods are more specific as they provide specific information because first-hand knowledge is gathered by primary resources that are highly related to the study. Secondary resources are used to collect detailed information about from previously published articles and financial reports (Mehrwald, et al, 2019). In this study, the researcher has used both primary and secondary sources to collect the data because an individual needs specific and detailed knowledge about the impact of behavioral intention towards cryptocurrency (Albayati, Kim, & Rho, 2020).…”

Section: B Data Collection Methodsmentioning

confidence: 99%

Crypto Currency Cognizance: A New Entrant in Financial Heaven

Liaqut

Siddiqui

2021

KJCIS

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Cryptocurrency used an online ledger with highly strong cryptography to secure online transactions. There are multiple cryptocurrencies traded publically that imparts an important role on the behavioral intention of users. The disruption in the economy of the world has provided some opportunities for the development of virtual money or cryptocurrencies so that financial crises of individuals can be removed. The study adapted Theory of Acceptance Model (TAM) that explains the factor that effect behavioral intention of the users of cryptocurrency. The data was collected through survey questionnaire from 177 participants to measure the impact of cryptocurrency on the behavioral intention of users. The findings of this study revealed that multiple factors such as social influence, facilitating conditions, financial literacy, and perceived risk of cryptocurrency imparts an important role on the behavioral intention of individuals to use cryptocurrencies. Moreover the findings will propose numerous methods to function with a greater chance of success in the block chain-related services and cryptocurrencies markets.

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Section: B Data Collection Methodsmentioning

confidence: 99%

Crypto Currency Cognizance: A New Entrant in Financial Heaven

Liaqut

Siddiqui

2021

KJCIS

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“…Machine-to-machine (M2M) economy is the next step in the revolution of Industry 4.0 and technological evolution. With blockchain involved in the process of communication, M2M can be realized in efficient and secured manner [ 55 ]. The widespread use of devices and deployment lead to an urgency for secured communication for trust and intermediation in the vehicular systems [ 56 , 57 , 58 , 59 ].…”

Section: Background and Related Workmentioning

confidence: 99%

Efficient Data Communication Using Distributed Ledger Technology and IOTA-Enabled Internet of Things for a Future Machine-to-Machine Economy

Akhtar

Rizvi

Ahad

et al. 2021

Sensors

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A potential rise in interest in the Internet of Things in the upcoming years is expected in the fields of healthcare, supply chain, logistics, industries, smart cities, smart homes, cyber physical systems, etc. This paper discloses the fusion of the Internet of Things (IoT) with the so-called “distributed ledger technology” (DLT). IoT sensors like temperature sensors, motion sensors, GPS or connected devices convey the activity of the environment. Sensor information acquired by such IoT devices are then stored in a blockchain. Data on a blockchain remains immutable however its scalability still remains a challenging issue and thus represents a hindrance for its mass adoption in the IoT. Here a communication system based on IOTA and DLT is discussed with a systematic architecture for IoT devices and a future machine-to-machine (M2M) economy. The data communication between IoT devices is analyzed using multiple use cases such as sending DHT-11 sensor data to the IOTA tangle. The value communication is analyzed using a novel “micro-payment enabled over the top” (MP-OTT) streaming platform that is based on the “pay-as-you-go” and “consumption based” models to showcase IOTA value transactions. In this paper, we propose an enhancement to the classical “masked authenticated message” (MAM) communication protocol and two architectures called dual signature masked authenticated message (DSMAM) and index-based address value transaction (IBAVT). Further, we provided an empirical analysis and discussion of the proposed techniques. The implemented solution provides better address management with secured sharing and communication of IoT data, complete access control over the ownership of data and high scalability in terms of number of transactions that can be handled.

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“…Despite calls to examine the blockchain technology in the context of P2P platforms [2,[39][40][41][42], Information Systems literature on blockchain-driven trust in this context is scarce [16,17]. Previous research mainly considers blockchain-based systems from a cryptocurrency (e.g., Bitcoin) perspective [43][44][45][46][47][48][49], relies on simulation-based evidence [50], or constitutes conceptual work [51].…”

Section: Related Work and Theoretical Backgroundmentioning

confidence: 99%

Blockchain and Trust in the Platform Economy: The Case of Peer-to-Peer Sharing

Dann¹,

Peukert²,

Martin³

et al. 2020

WI2020 Zentrale Tracks

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Blockchain technology is an innovation of the 21 st century that is supposed to act as a trust-building factor and may provide the foundation for trust-free systems as well as market exchanges. We investigate how the trustrelated properties of blockchain technology influence trust relationships of participants in the platform economy. Building on the pilot study of Hawlitschek [1], we conduct a scenario-based online survey with participants taking the role of a customer on a blockchain-based peer-to-peer rental platform. Our results confirm that while trust in peers and shared products have no overall significant effect on rental intentions, trust in blockchain technology and the community of blockchain users drive rental intentions mediated by trust in the blockchain-based platform. Our study sheds light on how established trust relationships shift from a peer and product focus towards trust in platforms and their underlying technology.

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Blockchain Technology Application in the Sharing Economy: A Proposed Model of Effects on Trust and Intermediation

Cited by 26 publications

References 71 publications

Crypto Currency Cognizance: A New Entrant in Financial Heaven

Crypto Currency Cognizance: A New Entrant in Financial Heaven

Efficient Data Communication Using Distributed Ledger Technology and IOTA-Enabled Internet of Things for a Future Machine-to-Machine Economy

Blockchain and Trust in the Platform Economy: The Case of Peer-to-Peer Sharing

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