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@ The British Blockchain Association
2025-06-05 10:29:08
📍📉 Trust in public institutions is in decline, according to the latest research from the UK Parliament’s Office for Science & Technology - POST, UK Parliament.
🔄 To rebuild this trust, we must reimagine how institutions engage with society — through the Quadruple Helix model:
✅ Industry
✅ Academia
✅ Government
✅ Civil Society
🔐 Technologies like #Blockchain can institutionalise trust at scale — enabling transparency, accountability, and auditability across socio-economic systems, according to several research papers published in The #JBBA.
🤝 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.
📊 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:
➡️ 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
➡️ 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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