The democratization of generative AI introduces new forms of human-AI interaction and raises urgent safety, ethical, and cybersecurity concerns. We develop a socio-technical explanation for how generative AI enables and scales cybercrime. Drawing on affordance theory and technological amplification, we argue that generative AI systems create new action possibilities for cybercriminals and magnify pre-existing malicious intent by lowering expertise barriers and increasing attack efficiency. To illustrate this framework, we conduct interrupted time series analyses of two large datasets: (1) 464,190,074 malicious IP address reports from AbuseIPDB, and (2) 281,115 cryptocurrency scam reports from Chainabuse. Using November 30, 2022, as a high-salience public-access shock, we estimate the counterfactual trajectory of reported cyber abuse absent the release, providing an early-warning impact assessment of a general-purpose AI technology. Across both datasets, we observe statistically significant post-intervention increases in reported malicious activity, including an immediate increase of over 1.12 million weekly malicious IP reports and about 722 weekly cryptocurrency scam reports, with sustained growth in the latter. We discuss implications for AI governance, platform-level regulation, and cyber resilience, emphasizing the need for multi-layer socio-technical strategies that help key stakeholders maximize AI's benefits while mitigating its growing cybercrime risks.
In Artificial Life (ALife) research, replicating Open-Ended Evolution (OEE)-the continuous emergence of novelty observed in biological life-has usually been pursued within isolated, closed system simulations, such as Tierra and Avida, which have typically plateaued after an initial burst of novelty, failing to achieve sustained OEE. Scholars suggest that OEE requires an open-environment system that continually exchanges information or energy with its environment. A recent technological innovation in Decentralized Physical Infrastructure Network (DePIN), which provides permissionless computational substrates, enables the deployment of Large Language Model-based AI agents on blockchains integrated with Trusted Execution Environments (TEEs). This enables on-chain agents to operate autonomously "in the wild," achieving self-sovereignty without human oversight. These agents can control their own social media accounts and cryptocurrency wallets, allowing them to interact directly with blockchain-based financial networks and broader human social media. Building on this new paradigm of on-chain agents, Spore.fun is a recent real-world AI evolution experiment that enables autonomous breeding and evolution of new on-chain agents. This paper presents a detailed case study of Spore.fun, examining agent behaviors and their evolutionary trajectories through digital ethology. We aim to spark discussion about whether open-environment ALife systems "in the wild," based on permissionless computational substrates and driven by economic incentives to interact with their environment, could finally achieve the long-sought goal of OEE.
The recent trend of self-sovereign Decentralized AI Agents (DeAgents) combines Large Language Model (LLM)-based AI agents with decentralization technologies such as blockchain smart contracts and trusted execution environments (TEEs). These tamper-resistant trustless substrates allow agents to achieve self-sovereignty through ownership of cryptowallet private keys and control of digital assets and social media accounts. DeAgents eliminate centralized control and reduce human intervention, addressing key trust concerns inherent in centralized AI systems. This contributes to social computing by enabling new human cooperative paradigm "intelligence as commons." However, given ongoing challenges in LLM reliability such as hallucinations, this creates paradoxical tension between trustlessness and unreliable autonomy. This study addresses this empirical research gap through interviews with DeAgents stakeholders-experts, founders, and developers-to examine their motivations, benefits, and governance dilemmas. The findings will guide future DeAgents system and protocol design and inform discussions about governance in sociotechnical AI systems in the future agentic web.
Blockchain technology promises to democratize finance and promote social equity through decentralization, but questions remain about whether current implementations advance or hinder these goals.Through a mixed-methods study combining semi-structured interviews with 13 diverse blockchain stakeholders and analysis of over 3,000 cryptocurrency discussions on Reddit, we examine how trust manifests in cryptocurrency ecosystems despite their decentralized architecture.Our findings uncover that users actively seek out and create centralized trust anchors, such as established exchanges, prominent community figures, and recognized development teams, contradicting blockchain's fundamental promise of trustless interactions.We identify how this contradiction arises from users' mental need for accountability and their reluctance to shoulder the full responsibility of self-custody.The study also reveals how these centralized trust patterns disproportionately impact different user groups, with newer and less technical users showing stronger preferences for centralized intermediaries.This work contributes to our understanding of the inherent tensions between theoretical decentralization and practical implementation in cryptocurrency systems, highlighting the persistent role of centralized trust in supposedly trustless environments. CCS Concepts Security and privacy Social aspects of security and pri-
Yifan Cao, Reza Hadi Mogavi, Meng Xia, Leo Yu‐Ho Lo · 9 authors
Today's world is witnessing an unparalleled rate of technological transformation. The emergence of non-fungible tokens (NFTs) has transformed how we handle digital assets and value. These tokens have captured the interest of scholars and businesspeople alike. However, NFTs have recently seen a sharp decline in popularity. While cryptocurrency volatility and monetary policies greatly influenced NFT market trends, the community aspects of NFT projects--particularly trust-based interactions--also play a crucial role in NFT adoption and sustainability. From a social computing perspective, understanding these trust dynamics offers valuable insights for the development of both the NFT ecosystem and the broader digital economy. China presents a compelling context for examining these dynamics, offering a unique intersection of technological innovation and traditional cultural values. Through an in-depth qualitative study of Chinese NFT communities, we examine how socio-cultural factors influence trust formation and development. We analyzed discussions from eight prominent WeChat groups dedicated to NFTs and conducted 21 semi-structured interviews with three types of NFT community members. We found that trust in Chinese NFT communities is significantly molded by local cultural values. To be precise, Confucian virtues, such as benevolence, propriety , and integrity , play a crucial role in shaping these trust relationships. Our research identifies three critical trust dimensions in China's NFT market: (1) technological , (2) institutional , and (3) social . We examined the challenges in cultivating each dimension. Based on these insights, we developed tailored trust-building guidelines for Chinese NFT stakeholders. These guidelines address trust issues that factor into NFT's declining popularity and could offer valuable strategies for CSCW researchers, developers, and designers aiming to enhance trust in global NFT communities. Our research urges CSCW scholars to take into account the unique socio-cultural contexts when developing trust-enhancing strategies for digital innovations and online interactions.
In a world where data is the new currency, wearable health devices offer unprecedented insights into daily life, continuously monitoring vital signs and metrics. However, this convenience raises privacy concerns, as these devices collect sensitive data that can be misused or breached. Traditional measures often fail due to real-time data processing needs and limited device power. Users also lack awareness and control over data sharing and usage. We propose a Privacy-Enhancing Technology (PET) framework for wearable devices, integrating federated learning, lightweight cryptographic methods, and selectively deployed blockchain technology. The blockchain acts as a secure ledger triggered only upon data transfer requests, granting users real-time notifications and control. By dismantling data monopolies, this approach returns data sovereignty to individuals. Through real-world applications like secure medical data sharing, privacy-preserving fitness tracking, and continuous health monitoring, our framework reduces privacy risks by up to 70 percent while preserving data utility and performance. This innovation sets a new benchmark for wearable privacy and can scale to broader IoT ecosystems, including smart homes and industry. As data continues to shape our digital landscape, our research underscores the critical need to maintain privacy and user control at the forefront of technological progress.
In blockchain-based order book systems, buyers and sellers trade assets, while it is miners to match them and include their transactions in the blockchain. It is found that many miners behave selfishly and myopically, prioritizing transactions with high fees and ignoring many desirable matches that could enhance social welfare. Existing blockchain mechanisms fail to address this issue by overlooking miners' selfish behaviors. To our best knowledge, this work presents the first analytical study to quantify and understand buyer and seller transaction fee choices and selfish miners' transaction matching strategies, proving an infinitely large price of anarchy (PoA) for social welfare loss. To mitigate this, we propose an adjustable block size mechanism that is easy to implement without altering the existing decentralized protocols and still allows buyers and sellers to freely decide transaction fees and miners to selfishly match. The analysis is challenging, as pure strategy Nash equilibria do not always exist, requiring the analysis of many buyers' or sellers' interactive mixed-strategy distributions. Moreover, the system designer may even lack information about each buyer's or seller's bid/ask prices and trading quantities. Nevertheless, our mechanism achieves a well-bounded PoA, and under the homogeneous-quantity trading for non-fungible tokens (NFT), it attains a PoA of 1 with no social welfare loss. We implement our mechanism on a local instance of Ethereum to demonstrate the feasibility of our approach. Experiments based on the realistic dataset demonstrate that our mechanism achieves social optimum for homogeneous-quantity trading like NFT. It can enhance social welfare up to 3.7 times compared to the existing order book benchmarks for heterogeneous-quantity trading of Bitcoin tokens. It exhibits robustness against random variations in buyers and sellers.
This study aims to integrate blockchain technology into personality-based pair programming research to enhance its generalizability and adaptability by offering built-in continuous, reproducible, and transparent research. In the developing Role-Optimization Motivation Alignment (ROMA) framework, human/AI programming roles align with individual Big Five personality traits, optimizing individual motivation and team productivity in Very Small Entities and undergraduate courses. Twelve quasi-experimental sessions were conducted to verify the personality-based pair programming in distributed settings. A mixed-methods approach was employed, combining intrinsic motivation inventories and qualitative insights. Data were stored transparently on the Solana blockchain, and a web-based application was developed in Rust and TypeScript languages to facilitate partner matching based on ROMA suggestions, expertise, and availability. The results suggest that blockchain can enhance research generalizability, reproducibility, and transparency, while ROMA can increase individual motivation and team performance. Future work can focus on integrating smart contracts for transparent and versioned data analysis.
Xiaolin Wen, Tai D. Nguyen, Lun Zhang, Jun Sun · 5 authors
Smart contracts are the fundamental components of blockchain technology. They are programs to determine cryptocurrency transactions, and are irreversible once deployed, making it crucial for cryptocurrency investors to understand the cryptocurrency transaction behaviors of smart contracts comprehensively. However, it is a challenging (if not impossible) task for investors, as they do not necessarily have a programming background to check the complex source code. Even for investors with certain programming skills, inferring all the potential behaviors from the code alone is still difficult, since the actual behaviors can be different when different investors are involved. To address this challenge, we propose PrettiSmart, a novel visualization approach via execution simulation to achieve intuitive and reliable visual interpretation of smart contracts. Specifically, we develop a simulator to comprehensively capture most of the possible real-world smart contract behaviors, involving multiple investors and various smart contract functions. Then, we present PrettiSmart to intuitively visualize the simulation results of a smart contract, which consists of two modules: The Simulation Overview Module is a barcode-based design, providing a visual summary for each simulation, and the Simulation Detail Module is an augmented sequential design to display the cryptocurrency transaction details in each simulation, such as function call sequences, cryptocurrency flows, and state variable changes. It can allow investors to intuitively inspect and understand how a smart contract will work. We evaluate PrettiSmart through two case studies and in-depth user interviews with 12 investors. The results demonstrate the effectiveness and usability of PrettiSmart in facilitating an easy interpretation of smart contracts.
The rise of the industrial metaverse has brought digital twins (DTs) to the forefront. Blockchain-powered non-fungible tokens (NFTs) offer a decentralized approach to creating and owning these cloneable DTs. However, the potential for unauthorized duplication, or counterfeiting, poses a significant threat to the security of NFT-DTs. Existing NFT clone detection methods often rely on static information like metadata and images, which can be easily manipulated. To address these limitations, we propose a novel deep-learning-based solution as a combination of an autoencoder and RNN-based classifier. This solution enables real-time pattern recognition to detect fake NFT-DTs. Additionally, we introduce the concept of dynamic metadata, providing a more reliable way to verify authenticity through AI-integrated smart contracts. By effectively identifying counterfeit DTs, our system contributes to strengthening the security of NFT-based assets in the metaverse.
Xiaolin Wen, Tai D. Nguyen, Shaolun Ruan, Qiaomu Shen · 7 authors
With the prevalence of smart contracts, smart Ponzi schemes have become a common fraud on blockchain and have caused significant financial loss to cryptocurrency investors in the past few years. Despite the critical importance of detecting smart Ponzi schemes, a reliable and transparent identification approach adaptive to various smart Ponzi schemes is still missing. To fill the research gap, we first extract semantic-meaningful actions to represent the execution behaviors specified in smart contract bytecodes, which are derived from a literature review and in-depth interviews with domain experts. We then propose PonziLens+, a novel visual analytic approach that provides an intuitive and reliable analysis of Ponzi-scheme-related features within these execution behaviors. PonziLens+ has three visualization modules that intuitively reveal all potential behaviors of a smart contract, highlighting fraudulent features across three levels of detail. It can help smart contract investors and auditors achieve confident identification of any smart Ponzi schemes. We conducted two case studies and in-depth user interviews with 12 domain experts and common investors to evaluate PonziLens+. The results demonstrate the effectiveness and usability of PonziLens+ in achieving an effective identification of smart Ponzi schemes.
Memecoins, driven by social media engagement and cultural narratives, have rapidly grown within the Web3 ecosystem. Unlike traditional cryptocurrencies, they are shaped by humor, memes, and community sentiment. This paper introduces the Coin-Meme dataset, an open-source collection of visual, textual, community, and financial data from the Pump.fun platform on the Solana blockchain. We also propose a multimodal framework to analyze memecoins, uncovering patterns in cultural themes, community interaction, and financial behavior. Through clustering, sentiment analysis, and word cloud visualizations, we identify distinct thematic groups centered on humor, animals, and political satire. Additionally, we provide financial insights by analyzing metrics such as Market Entry Time and Market Capitalization, offering a comprehensive view of memecoins as both cultural artifacts and financial instruments within Web3. The Coin-Meme dataset is publicly available at https://github.com/hwlongCUHK/Coin-Meme.git.
Cassidy Gibson, Daniel Olszewski, Natalie Grace Brigham, Anna Crowder · 8 authors
Given a source image of a clothed person (an image subject), AI-based nudification applications can produce nude (undressed) images of that person. Moreover, not only do such applications exist, but there is ample evidence of the use of such applications in the real world and without the consent of an image subject. Still, despite the growing awareness of the existence of such applications and their potential to violate the rights of image subjects and cause downstream harms, there has been no systematic study of the nudification application ecosystem across multiple applications. We conduct such a study here, focusing on 20 popular and easy-to-find nudification websites. We study the positioning of these web applications (e.g., finding that most sites explicitly target the nudification of women, not all people), the features that they advertise (e.g., ranging from undressing-in-place to the rendering of image subjects in sexual positions, as well as differing user-privacy options), and their underlying monetization infrastructure (e.g., credit cards and cryptocurrencies). We believe this work will empower future, data-informed conversations -- within the scientific, technical, and policy communities -- on how to better protect individuals' rights and minimize harm in the face of modern (and future) AI-based nudification applications. Content warning: This paper includes descriptions of web applications that can be used to create synthetic non-consensual explicit AI-created imagery (SNEACI). This paper also includes an artistic rendering of a user interface for such an application.
In disaster scenarios, effective communication is crucial, yet language barriers often hinder timely and accurate information dissemination, exacerbating vulnerabilities and complicating response efforts. This paper presents a novel, multilingual, voice-based social network specifically designed to address these challenges. The proposed system integrates advanced artificial intelligence (AI) with blockchain technology to enable secure, asynchronous voice communication across multiple languages. The application operates independently of external servers, ensuring reliability even in compromised environments by functioning offline through local networks. Key features include AI-driven real-time translation of voice messages, ensuring seamless cross-linguistic communication, and blockchain-enabled storage for secure, immutable records of all interactions, safeguarding message integrity. Designed for cross-platform use, the system offers consistent performance across devices, from mobile phones to desktops, making it highly adaptable in diverse disaster situations. Evaluation metrics demonstrate high accuracy in speech recognition and translation, low latency, and user satisfaction, validating the system's effectiveness in enhancing communication during crises. This solution represents a significant advancement in disaster communication, bridging language gaps to support more inclusive and efficient emergency response.
The vision of Web3 is to improve user control over data and assets, but one challenge that complicates this vision is the prevalence of non-transparent, scam-prone applications and vulnerable smart contracts that put Web3 users at risk.While code audits are one solution to this problem, the lack of smart contracts source code on many blockchain platforms, such as Sui, hinders the ease of auditing.A promising approach to this issue is the use of a decompiler to reverse-engineer smart contract bytecode.However, existing decompilers for Sui produce code that is difficult to understand and cannot be directly recompiled.To address this, we developed the SuiGPT Move AI Decompiler (MAD), a Large Language Model (LLM)-powered web application that decompiles smart contract bytecodes on Sui into logically correct, human-readable, and recompilable source code with prompt engineering.Our evaluation shows that MAD's output successfully passes original unit tests and achieves a 73.33% recompilation success rate on real-world smart contracts.Additionally, newer models tend to deliver improved performance, suggesting that MAD's approach will become increasingly effective as LLMs continue to advance.In a user study involving 12 developers, we found that MAD significantly reduced the auditing workload compared to using traditional decompilers.Participants found MAD's outputs comparable to the original source code, improving accessibility for understanding and auditing non-open-source smart contracts.Through qualitative interviews with these developers and Web3 projects, we further discussed the strengths and concerns of MAD.MAD has practical implications for blockchain smart contract transparency, auditing, and education.It empowers users to easily and independently review and audit non-open-source smart contracts, fostering accountability and decentralization.Moreover, MAD's methodology could potentially extend to other smart contract languages, like Solidity, further enhancing Web3 transparency.
Tanusree Sharma, Yujin Potter, Kornrapat Pongmala, Henry Wang · 7 authors
Decentralized Autonomous Organizations (DAOs) resemble early online communities, particularly those centered around open-source projects, and present a potential empirical framework for complex social-computing systems by encoding governance rules within “smart contracts” on the blockchain. A key function of a DAO is collective decision-making, typically carried out through a series of proposals where members vote on organizational events using governance tokens, signifying relative influence within the DAO. In just a few years, the deployment of DAOs surged with a total treasury of $24.5 billion and 11.1M governance token holders collectively managing decisions across over 13,000 DAOs as of 2024 . In this study, we examine the operational dynamics of 100 DAOs, like pleasrdao, lexdao, lootdao, optimism collective, uniswap, etc. With large-scale empirical analysis of a diverse set of DAO categories and smart contracts and by leveraging on-chain (e.g., voting results) and off-chain data, we examine factors such as voting power, participation, and DAO characteristics dictating the level of decentralization, thus, the efficiency of management structures. As such, our study highlights that increased grassroots participation correlates with higher decentralization in a DAO, and lower variance in voting power within a DAO correlates with a higher level of decentralization, as consistently measured by Gini metrics. These insights closely align with key topics in political science, such as the allocation of power in decision-making and the effects of various governance models. We conclude by discussing the implications for researchers, and practitioners, emphasizing how these factors can inform the design of democratic governance systems in emerging applications that require active engagement from stakeholders in decision-making.
Multidisciplinary research, in conjunction with artificial intelligence (AI), the Internet of Things (IoT), Blockchain and Big Data analysis, has lowered barriers and made companies more productive, in other words, the joint work of these areas has promoted digital transformation in all areas, for example Artificial intelligence (AI) has made it possible to automate processes, and the Internet of Things (IoT) has connected devices and physical objects, enabling real-time data collection and analysis. Blockchain has provided a secure and transparent way to transact and store data. Big Data analysis has allowed companies to obtain valuable insights from large amounts of data. As these technologies continue to evolve, we can expect to see even more innovations and benefits in the future. This paper explores the feasibility of using Mobile Crowd Sensing (MCS) and visualization algorithms to detect crowding on a university campus. A survey was conducted to evaluate the university community's perception of a mobile application that provides information about crowds, and a detection scenario was simulated using randomly generated data and the DBSCAN algorithm for visualization. Preliminary results suggest that the system is viable and could be a useful tool for the prevention of accidents due to crowding and for the management of public spaces. The limitations of the study are discussed and future lines of research are proposed, such as crowd prediction, data privacy, and visualization optimization.
Recent research in the field of Human Activity Recognition has shown that an improvement in prediction performance can be achieved by reducing the number of LSTM layers. However, this kind of enhancement is only significant on monolithic architectures, and when it runs on large-scale distributed training, data security and privacy issues will be reconsidered, and its prediction performance is unknown. In this paper, we introduce a novel framework: FedBChain, which integrates the federated learning paradigm based on a modified DeepConvLSTM architecture with a single LSTM layer. This framework performs comparative tests of prediction performance on three different real-world datasets based on three different hidden layer units (128, 256, and 512) combined with five different federated learning strategies, respectively. The results show that our architecture has significant improvements in Precision, Recall and F1-score compared to the centralized training approach on all datasets with all hidden layer units for all strategies: FedAvg strategy improves on average by 4.54%, FedProx improves on average by 4.57%, FedTrimmedAvg improves on average by 4.35%, Krum improves by 4.18% on average, and FedAvgM improves by 4.46% on average. Based on our results, it can be seen that FedBChain not only improves in performance, but also guarantees the security and privacy of user data compared to centralized training methods during the training process. The code for our experiments is publicly available (https://github.com/Glen909/FedBChain).
Hongzhou Chen, Xiaolin Duan, Abdulmotaleb El Saddik, Wei Cai
Harnessing the transparent blockchain user behavior data, we construct the Political Betting Leaning Score (PBLS) to measure political leanings based on betting within Web3 prediction markets. Focusing on Polymarket and starting from the 2024 U.S. Presidential Election, we synthesize behaviors over 15,000 addresses across 4,500 events and 8,500 markets, capturing the intensity and direction of their political leanings by the PBLS. We validate the PBLS through internal consistency checks and external comparisons. We uncover relationships between our PBLS and betting behaviors through over 800 features capturing various behavioral aspects. A case study of the 2022 U.S. Senate election further demonstrates the ability of our measurement while decoding the dynamic interaction between political and profitable motives. Our findings contribute to understanding decision-making in decentralized markets, enhancing the analysis of behaviors within Web3 prediction environments. The insights of this study reveal the potential of blockchain in enabling innovative, multidisciplinary studies and could inform the development of more effective online prediction markets, improve the accuracy of forecast, and help the design and optimization of platform mechanisms. The data and code for the paper are accessible at the following link: https://github.com/anonymous.
We investigate the potential of using Large Language Models (LLM) to support process model creation in organizational contexts. Specifically, we carry out a case study wherein we develop and test an LLM-based chatbot, PRODIGY (PROcess moDellIng Guidance for You), in a multinational company, the Hilti Group. We are particularly interested in understanding how LLM can aid (human) modellers in creating process flow diagrams. To this purpose, we first conduct a preliminary user study (n=10) with professional process modellers from Hilti, inquiring for various pain-points they encounter in their daily routines. Then, we use their responses to design and implement PRODIGY. Finally, we evaluate PRODIGY by letting our user study's participants use PRODIGY, and then ask for their opinion on the pros and cons of PRODIGY. We coalesce our results in actionable takeaways. Through our research, we showcase the first practical application of LLM for process modelling in the real world, shedding light on how industries can leverage LLM to enhance their Business Process Management activities.
This paper explores the concept of creating a "self" for self-driving cars through a homeostatic architecture designed to enhance their autonomy, safety, and efficiency. The proposed system integrates inward focused sensors to monitor the car's internal state, such as the condition of its metal bodywork, wheels, engine, and battery, establishing a baseline homeostatic state representing optimal functionality. Outward facing sensors, like cameras and LIDAR, are then interpreted via their impact on the car's homeostatic state by quantifying deviations from homeostasis. This contrasts with the approach of trying to make cars "see" reality in a similar way to humans and identify elements in their reality in the same way humans. Virtual environments would be leveraged to accelerate training. Additionally, cars are programmed to communicate and share experiences via blockchain technology, learning from each other's mistakes while maintaining individualized training models. A dedicated language for self-driving cars is proposed to enable nuanced interpretation and response to environmental data. This architecture allows self-driving cars to dynamically adjust their behavior based on internal and external feedback, promoting cooperation and continuous improvement. The study concludes by discussing the broader implications for AI development, potential real-world applications, and future research directions.
The evolution of User Interfaces marks a significant transition from traditional command-line interfaces to more intuitive graphical and touch-based interfaces, largely driven by the emergence of personal computing devices. The advent of spatial computing and Extended Reality technologies further pushes the boundaries, promising a fusion of physical and digital realms through interactive environments. This paper delves into the progression from All Realities technologies encompassing Augmented Reality, Virtual Reality, and Mediated Reality to spatial computing, highlighting their conceptual differences and applications. We explore enabling technologies such as Artificial Intelligence, the Internet of Things, 5G, cloud and edge computing, and blockchain that underpin the development of spatial computing. We further scrutinize the initial forays into commercial spatial computing devices, with a focus on Apple's Vision Pro, evaluating its technological advancements alongside the challenges it faces. Through this examination, we aim to provide insights into the potential of spatial computing to revolutionize our interaction with digital information and the physical world.
This paper closely examines a discussion paper by the National Institution for Transforming India (NITI) Aayog and a strategy paper by the Ministry of Electronics & Information Technology (MeitY) advocating non-financial use cases of blockchain in India. By noting the discursive shift from transparency to trust to adjustably transparent enacted in these two documents, and consequently the Indian state’s re-description of blockchain, the paper foregrounds how blockchain systems are being designated as “decentral” but have recentralizing effects where the state reinvents and re-establishes itself as an intermediary. This paper illustrates how discursive shifts concerning trust, transparency, (de)centralization and (dis)intermediation are crucial sites for investigating re-descriptions of emerging sociotechnical systems.
Syed Ali Asif, Emma Cao, Hang Chen, Chien-Chung Shen · 5 authors
The Metaverse, an immersive virtual world, has emerged as a shared space where people engage in various activities ranging from social interactions to commerce. Cryptocurrencies [3] and Non-Fungible Tokens (NFTs) [6] play pivotal roles within this virtual realm, reshaping interactions and transactions. Cryptocurrencies, utilizing cryptographic techniques for security, enable decentralized and secure transactions, and NFTs represent ownership or proof of authenticity of unique digital assets through the blockchain technology. While NFTs and cryptocurrencies offer innovative opportunities for ownership, trading, and monetization within the metaverse, their use also introduces potential risks and negative consequences, such as financial scams and fraud, highlighting the need for users to exercise caution and diligence in their virtual transactions.