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Trust and Distrust in Digital Economies

Trust and Distrust in Digital Economies
Author: Philippa Ryan
Publisher: Routledge
Total Pages: 209
Release: 2019-05-30
Genre: Law
ISBN: 1351104829

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In digital economies, the Internet enables the "platformisation" of everything. Big technology companies and mobile apps are running mega marketplaces, supported by seamless online payments systems. This rapidly expanding ecosystem is fueled by data. Meanwhile, perceptions of the global financial crisis, data breaches, disinformation and the manipulation of political sentiment have combined to create a modern trust crisis. A lack of trust constrains commerce, particularly in terms of consumer protection and investment. Big data, artificial intelligence, automated algorithms and blockchain technology offer new solutions and risks. Trust in our legal systems depends on certainty, consistency and enforceability of the law. However, regulatory and remedial gaps exist because the law has not kept up with technology. This work explores the role of competency and good faith, in the creation of social and legal relationships of trust; and the need for governance transparency and human accountability to combat distrust, particularly in digital economies.


The Trust Economy: Building strong networks and realising exponential value in the digital age

The Trust Economy: Building strong networks and realising exponential value in the digital age
Author: Philipp Kristian Diekhöner
Publisher: Marshall Cavendish International Asia Pte Ltd
Total Pages: 153
Release: 2017-04-15
Genre: Business & Economics
ISBN: 9814779172

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Airbnb, Uber, TripAdvisor, Bitcoin, Carousell – this is the way we live today. Over the past decade, one of the most revolutionary changes in our global economy has been the creation of trusted digital intermediaries. These platforms allow us – as individuals and as businesses – to exchange value with one another in new and better ways. We are experiencing a modern relationship renaissance, enabled by technology and powered by trust.But not everyone has succeeded equally. Corporate innovation efforts are often stymied by a culture of distrust that kills creativity, impedes progress and reduces competitive advantage. As incumbents lurch from one identity crisis to another and startups flood every industry from retail to insurance, only the most trusted players will succeed. The Trust Economy introduces a world-first structured model for building trust in six progressive stages. Whatever industry you’re in, whatever the size of your business, the trust model will set you on the path to reaping the most value from the opportunities and challenges of the digital age.


Trust in the Digital Economy

Trust in the Digital Economy
Author: Vallabhajosyula Sambamurthy
Publisher:
Total Pages: 164
Release: 2002
Genre: Business enterprises
ISBN:

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The Trust Economy

The Trust Economy
Author: Philipp Kristian Diekhöner
Publisher:
Total Pages: 224
Release: 2017-11-07
Genre:
ISBN: 9789814751667

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* Why you need to build trust for business success * Explains why large companies are increasingly vulnerable to failure in the digital age* How to build trust in 6 easy, repeatable steps* How trust promotes innovation and increases your competitive advantage* Author is a popular speaker and available for events/activities


The Trust Economy: How Digital Technology Is Transforming Trust and Creating Social and Business Innovation

The Trust Economy: How Digital Technology Is Transforming Trust and Creating Social and Business Innovation
Author: Philipp Kristian Diekhöner
Publisher:
Total Pages: 0
Release: 2018-09-03
Genre: Business & Economics
ISBN: 9789814841016

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Alibaba, Carousell, Airbnb, Tinder... Trusted digital technology platforms are powering the new global economy, and technology is rewiring our notions of trust. Nowadays, it is normal for us to meet a partner online, stay in a stranger's house or hitch a ride with the nearest person. The effect is nothing short of a revolution. Welcome to The Trust Economy. The Trust Economy has a profound impact on our economic and social lives. While trust has always been at the core of human society, digital platforms now blur the lines between strangers and trusted connections, redefining who, what and how we trust.What does this mean for businesses and people? As the nature of trust changes, our approach to building it needs to adapt. The Trust Economy introduces a new method for effective trust-building in the digital age. It guides those seeking to understand the global shift in trust patterns and human behaviour, and explains why everyone should develop a trust strategy to thrive in this day and age.


Trust, Organizations and the Digital Economy

Trust, Organizations and the Digital Economy
Author: Joanna Paliszkiewicz
Publisher: Routledge
Total Pages: 210
Release: 2021-09-28
Genre: Business & Economics
ISBN: 1000455440

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Trust is a pervasive catalyst of human and business relationships that has inspired interest in researchers and practitioners alike. It has been shown to enhance engagement, communication, organizational performance, and online activities. Despite its role to cultivate cooperation, knowledge-sharing, and innovation, trust through digital means or even trust in digital media has presented new opportunities and challenges in society. Examples include a wider and faster dissemination of trust-influencing messages, and richer options of digital cues that engage, disrupt, or even transform how trust is formulated. Despite that, trust helps people to live through risky and uncertain situations, and the many capabilities enabled on the digital platforms have made the formation and sustaining of trust very different compared to traditional means. Trust in today’s digital environment plays an important role and is intertwined with concepts including reliability, quality, and privacy. This book aims to bring together the theory and practice of trust in the new digital era and will present theoretical and practical foundations. Trust is not given; we must work to build it, but it is a very fragile and intangible asset once built. It is easy to destroy and challenging to rebuild. Researchers, academics, and students in the fields of management, responsibility, and business ethics will gain knowledge on trust and related concepts, learn about the theoretical underpinnings of trust and how it sustains itself through digital dissemination, and explore empirically validated practice regarding trust and its related concepts.


Trust and Communication in a Digitized World

Trust and Communication in a Digitized World
Author: Bernd Blöbaum
Publisher: Springer
Total Pages: 253
Release: 2016-02-24
Genre: Computers
ISBN: 3319280597

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This book explores models and concepts of trust in a digitized world. Trust is a core concept that comes into play in multiple social and economic relations of our modern life. The book provides insights into the current state of research while presenting the viewpoints of a variety of disciplines such as communication studies, information systems, educational and organizational psychology, sports psychology and economics. Focusing on an investigation of how the Internet is changing the relationship between trust and communication, and the impact this change has on trust research, this volume facilitates a greater understanding of these topics, thus enabling their employment in social relations.


Trust, Organizations and the Digital Economy

Trust, Organizations and the Digital Economy
Author: Joanna Olga Paliszkiewicz
Publisher: Routledge Advances in Management and Business Studies
Total Pages: 0
Release: 2023-05
Genre: Communication in management
ISBN: 9780367762186

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Trust is a pervasive catalyst of human and business relationships that has inspired interest in researchers and practitioners alike. It has been shown to enhance engagement, communication, organizational performance, and online activities. Despite its role to cultivate cooperation, knowledge-sharing, and innovation, trust through digital means or even trust in digital media has presented new opportunities and challenges in society. Examples include a wider and faster dissemination of trust-influencing messages, and richer options of digital cues that engage, disrupt, or even transform how trust is formulated. Despite that, trust helps people to live through risky and uncertain situations, and the many capabilities enabled on the digital platforms have made the formation and sustaining of trust very different compared to traditional means. Trust in today's digital environment plays an important role and is intertwined with concepts including reliability, quality, and privacy. This book aims to bring together the theory and practice of trust in the new digital era and will present theoretical and practical foundations. Trust is not given; we must work to build it, but it is a very fragile and intangible asset once built. It is easy to destroy and challenging to rebuild. Researchers, academics, and students in the fields of management, responsibility, and business ethics will gain knowledge on trust and related concepts, learn about the theoretical underpinnings of trust and how it sustains itself through digital dissemination, and explore empirically validated practice regarding trust and its related concepts.


Trust in the Digital Economy

Trust in the Digital Economy
Author: Terry Flew
Publisher:
Total Pages: 27
Release: 2019
Genre:
ISBN:

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This paper observes that the contemporary crisis of trust in institutions arises in part from the duality of trust in modern societies, where citizens are expected both the believe in and be sceptical of claims to expert knowledge. In the digital age, this manifests itself around a crisis of trust in digital platforms, which have become central to contemporary communication practices and forms of shared social knowledge and understanding. It presents the case for developing alternative methodologies to survey-based approaches, that can make use of digital data to advance insights around trust in a digital age.


Who Can You Trust?

Who Can You Trust?
Author: Rachel Botsman
Publisher: PublicAffairs
Total Pages: 377
Release: 2017-11-14
Genre: Technology & Engineering
ISBN: 1541773683

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If you can't trust those in charge, who can you trust? From government to business, banks to media, trust in institutions is at an all-time low. But this isn't the age of distrust -- far from it. In this revolutionary book, world-renowned trust expert Rachel Botsman reveals that we are at the tipping point of one of the biggest social transformations in human history -- with fundamental consequences for everyone. A new world order is emerging: we might have lost faith in institutions and leaders, but millions of people rent their homes to total strangers, exchange digital currencies, or find themselves trusting a bot. This is the age of "distributed trust," a paradigm shift driven by innovative technologies that are rewriting the rules of an all-too-human relationship. If we are to benefit from this radical shift, we must understand the mechanics of how trust is built, managed, lost, and repaired in the digital age. In the first book to explain this new world, Botsman provides a detailed map of this uncharted landscape -- and explores what's next for humanity.