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

Abstract

Combining blockchain technology and smart contracts has the potential to facilitate disintermediation and realize true peer-to-peer transactions provided that sufficient trust is build. An advanced research model of blockchain-mediated trust is conceptualized by incorporating extant trust building concepts. The conceptualized model helps to advance future empirical trust research in connection with blockchain technology in the sharing economy by suggesting moderating and mediating effects on trust in online settings.