Get all your news in one place.
100’s of premium titles.
One app.
Start reading
inkl
inkl

Can Crypto Fix the Trust Problem in Digital Platforms?

Trust is quietly vanishing from the digital platforms we use every day. People scroll, click, pay, and share without knowing who’s really in control or what’s happening behind the screen. Algorithms are black boxes. Moderation rules are uneven. And in some industries, like betting, gaming, and finance, the stakes are high enough that “just trust us” isn’t good enough.

Crypto offers an alternative. Not a new platform, but a new infrastructure where users hold their own data, rules are enforced by code, and everything happens out in the open. But most of what we call "crypto" platforms today still operate like the old system in disguise. So, can blockchain actually fix the trust problem, or is it just another layer of jargon?

The real issue behind the trust gap

At the core of most digital platforms is a simple dynamic: one party has all the power. They own the servers, control the data, and decide who gets access to what. If something goes wrong (a payment fails, a post disappears, an account is banned), users usually have to face a maze of support chats and calls to even understand what happened and make everything right again.

Even platforms that publish “community guidelines” or “fair use policies” enforce them however they want. You're expected to trust the platform, even when the incentives are stacked against you.

Is blockchain a solution for this problem? It seems like it.

What blockchain and crypto offer

The promise of crypto is decentralized money and transparent systems. Smart contracts can make rules enforceable by code, not support agent decisions as they use an algorithm instead of judgment. Public blockchains can show exactly how outcomes were decided. And wallet-based login means users don’t need to hand over personal data to participate.

In practice, though, that’s not how most “crypto” platforms operate. Especially in gambling and gaming, it’s common to see projects that take crypto payments but run everything else behind the scenes, just like traditional websites. Odds are generated off-chain. Game logic is hidden. Payouts depend on a centralized operator. The blockchain part is mostly branding.

But not all platforms take that shortcut. Sportbet.one, for example, is a betting platform that runs fully on-chain. Go to https://sportbet.one/about-us and find out that every bet, every odds calculation, and every payout is governed by smart contracts. There’s no long signup process with KYC, and no one holds your funds as users interact directly via the wallet with their betting account. The logic of the game is public and auditable. This setup doesn’t just build trust, it removes the need for it. You don’t need to believe the platform is fair; you can see it.

Why most platforms still don’t use blockchain

Even with working examples, many digital platforms avoid full blockchain integration. The reasons vary — some technical, some strategic. For starters, decentralized apps are harder to build and slower to run. If a company can cut corners and still attract users, it usually will.

There’s also the user side: most people don’t read smart contracts, or want to manage their own wallet keys. Full transparency is only valuable if users can understand and act on it. That’s a design challenge crypto still hasn’t solved.

And then there’s regulation. Platforms that avoid KYC and give full control to the user live in legal grey zone. They don’t operate like a traditional licensed casino or a standard sportsbook, and they don’t easily fit into existing frameworks, so they are not obligated to gather all the information about its customers. That grey zone scares off many founders and investors, so it’s easier for gambling platforms to work in old ways and just add crypto as a payment option.

Final thoughts: So, can crypto fix trust issues?

Yes, but only if platforms are willing to let go of control.

The tech is already there. Smart contracts can remove the need for middlemen. On-chain logic can prevent manipulation. And transparency can become a way to rebuild trust, but only if companies actually use it to give users control.

Crypto betting sites and blockchain-based apps show that it’s possible. A full-stack blockchain betting platform exists today, with real users and real stakes, and it hasn’t collapsed under the weight of complexity or legal issues.

If more platforms follow that lead, not just in betting, but across media, marketplaces, and finance, trust could shift back to where it belongs: the user. Not because platforms earned it, but because they can’t take it away.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.