Abstract
The degree of information transmission and trust are closely related, and in socio-economic activities, information transmission often faces difficulties such as fragmentation, distortion, inadequacy, and asymmetry. With the development of information technology, social relationships have been reconstructed, and traditional trust mechanisms based on acquaintances and institutional trust can no longer meet the transactional needs of socio-economic activities. Therefore, a new form of digital trust has emerged, with blockchain technology as an important foundation, which can construct more direct, efficient, and reliable trust relationships. The advantages of blockchain technology in information sharing, data authentication, and automated transactions are suitable for solving the difficulties of narrow credit data scope, poor timeliness, difficult aggregation, information silos, and unclear digital property rights in the construction of a social credit system. Based on this, a practical approach to the construction of a social credit system based on digital trust and blockchain technology is proposed.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
