What Is Trust? | Understanding the Role of Smart Contracts in the Web3 Economy

Trust and verification make smart contracts and #Chainlink oracles essential to the Web3 economy. In this Chainlink Research Reports clip, Dr. Joshua Gans, a Professor of Strategic Management and Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the University of Toronto’s Rotman School of Management, defines trust and the role that smart contracts and #blockchain play in fostering trust in the Web3 economy.

Visit the Smart Contract Research Forum (SCRF) to learn more about oracles, smart contracts and Web3 economics: https://www.smartcontractresearch.org/.

Chainlink Research Reports presents research that informs the smart contract and blockchain oracle industry presented by expert researchers building Chainlink, smart contract, and blockchain systems throughout the fields of computer science, economics, and many adjacent fields.

Learn more about the Smart Contract Research Forum:

Website: https://www.smartcontractresearch.org/

Twitter: https://twitter.com/SCRForum

Research Topics:

Auditing and Security: https://www.smartcontractresearch.org/c/auditing-and-security/5

Oracles and Data: https://www.smartcontractresearch.org/c/oracles-and-data/6

Consensus: https://www.smartcontractresearch.org/c/consensus/7

Scaling: https://www.smartcontractresearch.org/c/scaling/8

Mechanism Design and Game Theory: https://www.smartcontractresearch.org/c/mechanism-design-and-game-theory/10

Governance and Coordination: https://www.smartcontractresearch.org/c/governance-and-coordination/11

Cryptography: https://www.smartcontractresearch.org/c/cryptography/12

Tooling and Languages: https://www.smartcontractresearch.org/c/tooling-and-languages/14

Privacy: https://www.smartcontractresearch.org/c/privacy/21

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink:

Website: https://chain.link

Docs: https://docs.chain.link

Twitter: https://twitter.com/chainlink

#chainlink #web3 #economics #blockchain