Gerhard Schwabe will introduce the problems of the used car market, technical solution ideas, and accompanying organizational issues, such as governance, business models, data quality, and market design.
Date: Fri, 27 May, 11:00-12:30.
Venue: Room ICT-A1, TalTech ICT Building, Akadeemia tee 15a, Tallinn.
In the last decade, blockchain technology has been praised by academia, industry, politics and media alike for its potential to transform businesses, business domains and even entire markets. In this talk, we investigate the case of the used car market. The used car market is characterized by information asymmetries: The car seller knows much more about the car than the buyers and can use this information to sell an inferior car. Can Distributed Ledger technologies (i.e., Blockchains and similar technologies) help to improve this situation? In the Cardossier project and subsequent research efforts, we addressed this issue.
Gerhard Schwabe has been a full professor at the University of Zurich since 2002. His research interests focus on the intersection of collaborative technologies and information management. Currently, his research interests focus on Blockchain Applications, augmenting advisory services (e.g., in banks) with conversational agents, and fair AI.