Exploration and impact of blockchain-enabled adaptive non-binary trust models

Abstract

Distributed identity-, attribute- and reputation- management constitutes a major benefit that a properly designed permissioned blockchain system can provide. As a complementary built-in feature set, finely-granulated and time-window-constrained auditability mechanisms aid blockchain performance and scalability by eliminating the need to front-load core transaction processing with onerous communications and computational complexity, while still meeting the requirements of effective governance, risk & compliance management and containment against compromised entities. A prevalent aspect of this methodology is the capability to determine not only what entities should be considered trustworthy, but to what extent and with which relevant functionalities, where completion of tasks entails distributing communications across multiple components as means of addressing corroboration of claimed suitability in order to choose the most trustworthy available solution components matched against specific sub-task requirements.