Towards Trust and Reputation as a Service in a Blockchain-based Decentralized Marketplace

arXiv:2403.04779v1 Announce Type: new
Abstract: Motivated by the challenges inherent in implementing trusted services in the Society 5.0 initiative, we propose a novel trust and reputation service for a decentralized marketplace. We assume that a Smart Contract is associated with each transaction and that the Smart Contract is responsible for providing automatic feedback, replacing notoriously unreliable buyer feedback by a more objective assessment of how well the parties have fulfilled their obligations. Our trust and reputation service was inspired by …

arxiv blockchain challenges contract cs.cr cs.gt decentralized initiative marketplace novel reputation service services smart smart contract society transaction trust