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The Fate of Online Trust in the Next Decade Many experts say lack of trust will not be a barrier to cory doctorow bitcoin stock public reliance on the internet. Trust is a social, economic and political binding agent.

We didn’t focus on how you could wreck this system intentionally . Trust has not been having a good run in recent years, and there is considerable concern that people’s uses of the internet are a major contributor to the problem. Moreover, the rise of the internet and social media has enabled entirely new kinds of relationships and communities in which trust must be negotiated with others whom users do not see, with faraway enterprises, under circumstances that are not wholly familiar, in a world exploding with information of uncertain provenance used by actors employing ever-proliferating strategies to capture users’ attention. The question arises, then: What will happen to online trust in the coming decade? Billions of people use cellphones and the internet now and hundreds of millions more are expected to come online in the next decade. At the same time, more than half of those who use the internet and cellphones still do not use that connectivity for shopping, banking, other important transactions and key social interactions. As more people move online globally, both opportunities and threats grow.

Participants were asked to explain their answers and were offered the following prompt to consider: Which areas of life might experience the greatest impact? Will the impacts be mostly positive or negative? What role might the spread of blockchain systems play? Many of these respondents made references to changes now being implemented or being considered to enhance the online trust environment. One particular focus of participants’ answers involved blockchain technology, because our follow-up prompt specifically asked people to consider the role of blockchain in the future of trust on the internet.

The majority of participants in this canvassing wrote detailed elaborations explaining their positions. These findings do not represent all possible points of view, but they do reveal a wide range of striking observations. Theme 1: Trust will strengthen because systems will improve and people will adapt to them and more broadly embrace them About half the respondents to this canvassing believe that trust online will be strengthened in the next decade. We experience many reasons to distrust our interactions.