Enhancing Trust in Trust Services: Towards an Intelligent Human-input-based Blockchain Oracle (IHiBO)

Abstract

As their name suggests, trust is of crucial importance in ‘‘trust service". Nevertheless, in many cases, these services suffer from a lack transparency, documentation, traceability, and inclusive multi-lateral decision-making mechanisms. To overcome these challenges, in this paper we propose an integrated framework which incorporates formal argumentation and negotiation within a blockchain environment to make the decision-making processes of fund management transparent and traceable. We introduce three possible architectures and we evaluate and compare them considering different technical, financial, and legal aspects.