---
res:
  bibo_abstract:
  - Reputation systems to rate companies’ performances remain largely unexplored inresearch
    and are scarcely used in business-to-business (B2B) practice. Such systemsare
    essential for businesses seeking trustworthy partners, as they help reduce infor-mation
    asymmetry, lower buyers’ transaction risks, and allow high-quality serviceproviders
    to justify premium pricing. Unlike traditional review-based systems in thebusiness-to-consumer
    (B2C) context, we propose a B2B reputation mechanism inwhich buyers commit to
    a rating payment before a transaction. Once the buyer final-izes the rating, this
    payment is executed and recorded on a blockchain as an immu-table, secure ledger.
    Our system mimics natural trust-building mechanisms with rat-ings that are (1)
    monetary-based, (2) stake-based, (3) non-aggregated, (4) involvecounter-ratings,
    (5) selectively sellable, (6) individually comparable, (7) stored ona blockchain,
    (8) and monitored by a third instance. This system provides a novelapproach to
    fostering trust in B2B transactions by reducing information asymme-try and transaction
    risk. We illustrate the mechanism’s application in the consultingsector. Our analysis
    has identified 23 institutional trust and distrust dimensions thatpromote establishing
    institutional trust through the proposed mechanism. Qualita-tive interviews suggest
    that, while complex and challenging to apply, this mecha-nism can foster trust
    in B2B transactions. Given the low maturity in the applicationdomain—rating professional
    business services with business reputation systems—and solution domain—using monetary
    stakes for ratings, this system stands as apotential invention.@eng
  bibo_authorlist:
  - foaf_Person:
      foaf_givenName: Simon
      foaf_name: Hemmrich, Simon
      foaf_surname: Hemmrich
      foaf_workInfoHomepage: http://www.librecat.org/personId=83557
  - foaf_Person:
      foaf_givenName: Volker
      foaf_name: Nissen, Volker
      foaf_surname: Nissen
  - foaf_Person:
      foaf_givenName: Daniel
      foaf_name: Beverungen, Daniel
      foaf_surname: Beverungen
      foaf_workInfoHomepage: http://www.librecat.org/personId=59677
  - foaf_Person:
      foaf_givenName: Josias Daniel Miño
      foaf_name: Pauls, Josias Daniel Miño
      foaf_surname: Pauls
  bibo_doi: https://doi.org/10.1007/s10257-025-00702-9
  bibo_issue: '1'
  bibo_volume: 23
  dct_date: 2025^xs_gYear
  dct_language: eng
  dct_publisher: Springer@
  dct_subject:
  - Information asymmetry
  - Trust
  - Reputation system
  - Monetary rating
  - Blockchain
  - Consulting
  dct_title: 'Blockchain‑based reputation systemsfor business‑to‑business services:
    designing a reputation mechanism to reduce information asymmetry in professional
    consulting@'
...
