Exploratory RegTech: Sandboxes Supporting Trust by Balancing Regulation of Algorithms with Automation of Regulations

Denisa Reshef Kera

doi:10.1007/978-3-030-75107-4_3

Exploratory RegTech: Sandboxes Supporting Trust by Balancing Regulation of Algorithms with Automation of Regulations

Denisa Reshef Kera

Universidad de Salamanca

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

3 Scopus citations

Abstract

To explore participatory and experimental engagements with algorithmic governance, we developed and tested a sandbox for near-future blockchain and satellite services (Lithopy). The article summarizes the insights from the final two 2020 workshops with 59 participants deciding on how to regulate a discriminatory blockchain smart contract. The participants expressed a preference for hybrid forms of off-chain and on-chain governance that uses industry standards and audits to prevent biases and excesses. The sandbox environment increases the trust in a system through design and policy iterations that probe issues of power, stakes, and interests without compromising on innovation.

Original language	English
Title of host publication	EAI/Springer Innovations in Communication and Computing
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	67-84
Number of pages	18
DOIs	https://doi.org/10.1007/978-3-030-75107-4_3
State	Published - 2021
Externally published	Yes

Publication series

Name	EAI/Springer Innovations in Communication and Computing
ISSN (Print)	2522-8595
ISSN (Electronic)	2522-8609

Bibliographical note

Publisher Copyright:
© 2021, Springer Nature Switzerland AG.

Funding

This work was supported by the SmartState Program (Translational Biomedical Informatics Chair Endowment), SC Research Centers for Economic Excellence. (SMM).

Funders	Funder number
SC Research Centers for Economic Excellence

Keywords

Blockchain
Distributed ledger
Regulation
Sandboxes
Trust

Access to Document

10.1007/978-3-030-75107-4_3

Cite this

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Exploratory RegTech: Sandboxes Supporting Trust by Balancing Regulation of Algorithms with Automation of Regulations. / Kera, Denisa Reshef.
EAI/Springer Innovations in Communication and Computing. Springer Science and Business Media Deutschland GmbH, 2021. p. 67-84 (EAI/Springer Innovations in Communication and Computing).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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Exploratory RegTech: Sandboxes Supporting Trust by Balancing Regulation of Algorithms with Automation of Regulations

Abstract

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Bibliographical note

Funding

Keywords

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