IDEAS home Printed from https://ideas.repec.org/a/wly/reggov/v19y2025i3p789-805.html
   My bibliography  Save this article

Realizing a blockchain solution without blockchain? Blockchain, solutionism, and trust

Author

Listed:
  • Gert Meyers
  • Esther Keymolen

Abstract

Blockchain is employed as a technology holding a solutionist promise, while at the same time, it is hard for the promissory blockchain applications to become realized. Not only is the blockchain protocol itself not foolproof, but when we move from “blockchain in general” to “blockchain in particular,” we see that new governance structures and ways of collaborating need to be developed to make blockchain applications work/become real. The qualities ascribed to (blockchain) technology in abstracto are not to be taken for granted in blockchain applications in concreto. The problem of trust, therefore, does not become redundant simply through the employment of “trustless” blockchain technology. Rather, on different levels, new trust relations have to be constituted. In this article, we argue that blockchain is a productive force, even if it does not solve the problem of trust, and sometimes regardless of blockchain technology not implemented after all. The values that underpin this seemingly “trustless technology” such as control, efficiency, and privacy and the story that is told about these values co‐shape the actions of stakeholders and, to a certain extent, pre‐sort the path of application development. We will illustrate this by presenting a case study on the Red Button (De Rode Knop), a Dutch pilot to develop a blockchain‐based solution that enables people who are in debt to communicate to their creditors that they are, together with the municipality, working on improving their situation, thereby requesting a temporary suspension from debt collection.

Suggested Citation

  • Gert Meyers & Esther Keymolen, 2025. "Realizing a blockchain solution without blockchain? Blockchain, solutionism, and trust," Regulation & Governance, John Wiley & Sons, vol. 19(3), pages 789-805, July.
  • Handle: RePEc:wly:reggov:v:19:y:2025:i:3:p:789-805
    DOI: 10.1111/rego.12553
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/rego.12553
    Download Restriction: no

    File URL: https://libkey.io/10.1111/rego.12553?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:reggov:v:19:y:2025:i:3:p:789-805. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1748-5991 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.