Are the nodes running blockchain software essentially a material expression of people’s beliefs? Particularly, is the “belief consensus” the fundamental source of intrinsic value, than can be measured by intangible attention flows and tangible transaction activity?
The paper will begin with a layman's introduction to behavioral traits of the trust-based decisions in the periphery of a trust-less financial system, and will continue to define formal heuristics to measure trust-asymmetries using methods from several disciplines. From computational trust, behavioral finance and applied quantitative analysis we use trust evidence from blockchain, financial, and web analytics, as the experience based input of the direct interaction of the market participants. We also apply vector fields, topology and symbolic regression to investigate the shape of the data (information flows). In the conclusions we discuss the implications of this research to applications such as prediction markets.
Trade finance
Trade between Latin America and Africa with India and China is set to grow. But if you are a new small business in Latin America or Africa, you know that the traditional banking system just does not work. Trade finance, or even business banking accounts, are difficult to access.