Decentralized trust networks from "summary" of The Blockchain and the New Architecture of Trust by Kevin Werbach
Trust networks are decentralized, meaning that decisions are made according to the collective wisdom of the group. This type of network encourages users to become more involved, as it builds trust by making sure that all stakeholders have a voice. As a result, it can help to create a more efficient and secure system.- Decentralized trust networks are systems of computers and data where no single authority or agent is in control, nor controls how the network works. Instead, all nodes on the network are equally able to share and access information without relying on a centrally authorized third-party.
