Professor Kevin Werbach sits down with Bruce McConnell to discuss the potential role of Blockchain as a foundation to an emerging “trust economy.”
“Trust is your willingness to work with someone, to engage in a business transaction with another party even though you are not absolutely 100 percent certain that they are going to follow through. And that really is the key question that blockchain addresses – how to produce that trust?”
Kevin Werbach is Professor of Legal Studies and Business Ethics at the Wharton School of the University of Pennsylvania. His most recent book is The Blockchain and the New Architecture of Trust.