Building Technologically Based Online Trust: Can the Biometrics Industry Deliver the Online Trust Silver Bullet?

ABSTRACT This article presents a model for managing online transactions by using biometrics to reduce the cost and risk of transactions. Biometric technologies may replicate the richness of human trust to a greater degree than other, more derivative security technologies. Here, we suggest that biometrics can lead to enhanced security in the exchange, thus removing online trust barriers. Yet, problems in the evolution of new markets constrain acceptance of biometrics as the solution to online trust.

[1]  Julian Ashbourn,et al.  Biometrics: Advanced Identity Verification , 2000, Springer London.

[2]  JoAnne Yates,et al.  Electronic markets and electronic hierarchies , 1987, CACM.

[3]  A. Froomkin The Essential Role of Trusted Third Parties in Electronic Commerce , 1996 .

[4]  R. Coase,et al.  The Firm, the Market, and the Law , 1990 .

[5]  Arun Ross,et al.  An introduction to biometrics , 2008, ICPR 2008.

[6]  D. North Competing Technologies , Increasing Returns , and Lock-In by Historical Events , 1994 .

[7]  Francis Fukuyama,et al.  The social virtues and the creation of prosperity , 1995 .

[8]  Julian Ashbourn,et al.  Biometrics - advanced identity verification: the complete guide , 2000 .

[9]  Vijay Gurbaxani,et al.  The impact of information systems on organizations and markets , 1991, CACM.

[10]  Bruce Schneier,et al.  Secrets and Lies: Digital Security in a Networked World , 2000 .

[11]  W. Galston Trust: The Social Virtues and the Creation of Prosperity , 1996 .

[12]  Virginia Franke Kleist,et al.  A Transaction Cost Model of Electronic Trust: Transactional Return, Incentives for Network Security and Optimal Risk in the Digital Economy , 2004, Electron. Commer. Res..

[13]  Richard L. Daft,et al.  Message Equivocality, Media Selection, and Manager Performance: Implications for Information Systems , 1987, MIS Q..

[14]  Detmar W. Straub,et al.  Trust and TAM in Online Shopping: An Integrated Model , 2003, MIS Q..

[15]  Gurpreet Dhillon,et al.  TORKZADEH AND DHILLON Measuring Factors that Influence the Success of Internet , 2015 .

[16]  D. Pinto Secrets and Lies: Digital Security in a Networked World , 2003 .

[17]  O. Williamson Markets and hierarchies, analysis and antitrust implications : a study in the economics of internal organization , 1975 .

[18]  Stephen E. Margolis,et al.  Winners, Losers & Microsoft: Competition and Antitrust in High Technology , 1999 .

[19]  D. M. Hutton,et al.  Biometrics: Identity Verification in a Networked World , 2004 .

[20]  Charles J. Kacmar,et al.  Developing and Validating Trust Measures for e-Commerce: An Integrative Typology , 2002, Inf. Syst. Res..