Blockchanging trust:ethical metamorphosis in business and healthcare

Rodrigues, Dario

http://hdl.handle.net/10400.15/3935

Use this identifier to reference this record.

Name:	Description:	Size:	Format:
DarioRodrigues_Blockchanging_Trust_Ethical_Metamorphosis_in_Business_and_Healthcare.pdf		512 KB	Adobe PDF	Download

Send Feedback

Authors

Rodrigues, Dario

Abstract(s)

By cutting transaction costs and streamlining agreements’ execution via “smart contracts,” blockchain technology (BT) turns decentralization into an economic advantage and an antidote against politically harsh decisions that can obliterate privacy, freedom, and democracy. Although BT’s ethical bottom line is still uncertain, its use can smooth out the trade-off between privacy and convenience, reconciling both. BT can also help reconfigure the compromise between intellectual property rights and the common good, opening more ethical routes to the diffusion of innovation. BT’s data security can be translated into straightforward access to information. On the one hand, this signals new inclusion routes for “identityless” and unbanked people, and on the other, it releases society from biased information and fake news providing access to trusted data. BT guarantees contents precision, distributing a consensual tamper-proof “hyperledger” proving transactions’ authenticity and data’s integrity. As consensus should be plural, BT’s decentralization is thought to be a must in ethical terms.

Keywords

Blockchain Technology Ethical Metamorphosis Business Healthcare

URI

http://hdl.handle.net/10400.15/3935

Citation

Rodrigues, D. (2021). Blockchanging Trust: Ethical Metamorphosis in Business and Healthcare. In D. Rodrigues (Eds.), Political and Economic Implications of Blockchain Technology in Business and Healthcare (Cap. 1, pp. 1-41). Hershey, PA: IGI Global. doi: 10.4018/978-1-7998-7363-1.ch001