Will BlockChain Replace Trust?

Is the rise of blockchain leading to a revolution or a reinvention of trust? One of the main consequences of blockchain is the removal of intermediaries (e.g. bankers) for a more decentralised and shared system. Thus, trust is no longer embedded in a person or a supervisory body, i.e. trusted third parties, but instead becomes decentralised. Whilst such a system may be desirable in countries undergoing monetary difficulties and/or a confidence crisis, what about countries (in particular European countries) which tend to have faith in the banking system? Is the database which gathers all transactions really secure? Is information provided by this database truly immutable, genuine and inviolable? Can we have an unconditional trust in algorithms? What are the limits and deficiencies of this system? This session aims to answer those topical questions by reflecting on blockchain as a new trust intermediary.