It is generally agreed that permissioned blockchains can improve on the operational cost and performance of permissionless blockchains, but it is usually assumed that this improvement comes at the cost of transaction security, especially in low-trust environments. We develop a model of...

Several properties of online interaction are challenging the accumulated wisdom of trading communities on how to produce and manage trust. Online reputation reporting systems have emerged as a promising trust management mechanism in such settings. The objective of this paper is to contribute to...