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2025-06-05 10:29:08

The British Blockchain Association on Nostr: ๐Ÿ“๐Ÿ“‰ Trust in public institutions is in decline, according to the latest research ...

๐Ÿ“๐Ÿ“‰ Trust in public institutions is in decline, according to the latest research from the UK Parliamentโ€™s Office for Science & Technology - POST, UK Parliament.


๐Ÿ”„ To rebuild this trust, we must reimagine how institutions engage with society โ€” through the Quadruple Helix model:

โœ… Industry

โœ… Academia

โœ… Government

โœ… Civil Society

๐Ÿ” Technologies like #Blockchain can institutionalise trust at scale โ€” enabling transparency, accountability, and auditability across socio-economic systems, according to several research papers published in The #JBBA.

๐Ÿค Forums such as the All-Party Parliamentary Groups play an important role in bringing together diverse stakeholders to explore solutions to these complex challenges, through evidence, dialogue and cross-sector collaboration.

๐Ÿ“Š A study published in the Journal of the British Blockchain Association (JBBA) found that 35% of the US workforce is engaged solely in trust maintenance functions:

โžก๏ธ Blockchain - A Panacea For Trust Challenges In Public Services? A Socio-technical Perspective (JBBA, 2020)

https://jbba.scholasticahq.com/article/14128-blockchain-a-panacea-for-trust-challenges-in-public-services-a-socio-technical-perspective

โžก๏ธ The Cost of Trust - A Pilot Study (JBBA, 2018)

https://jbba.scholasticahq.com/article/5037-the-cost-of-trust-a-pilot-study

Read more: https://media.licdn.com/dms/document/media/v2/D4E1FAQHi1fT08JCSKA/feedshare-document-pdf-analyzed/B4EZc6z1v.HQAc-/0/1749038376563?e=1750291200&v=beta&t=-UV3ubb-MHWBHLF2qkFaPS6Cdx8DQmjdkHKFM8J6KwE

#Trust #Blockchain #Web3 #Public #Economy #Blockchain #Trust #Web3 #PublicSector #DigitalEconomy #QuadrupleHelix #PolicyInnovation












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