At CCIR Academy, Siming (University of Pennsylvania admitted student) conducts his research on the impact of blockchain applications in business. He argues that the full acceptance of trust in blockchain will cause several risks that cannot be neglected. He investigates the ethical and commercial risks of blockchain applications including disintermediation fallacy, centralization of trust, ambiguous contract, noncognitive trust in untrustworthy partners, and more actions guided by moral minimum.
In this podcast, he shares his thoughts on blockchain, business, and trust.