Difference between revisions of "Trust group"

From Organic Design wiki
m
m ({{glossary}})
Line 1: Line 1:
 +
{{glossary}}
 
A group of people who all trust each other. People can belong to many trust-groups which all form a trust-network. Information is able to pass safely and securely between any two people in such a network because the route can be divided up so that information only ever passes between people who trust each other.
 
A group of people who all trust each other. People can belong to many trust-groups which all form a trust-network. Information is able to pass safely and securely between any two people in such a network because the route can be divided up so that information only ever passes between people who trust each other.
  
 
Trust-groups can be formalised into single entities that can trade, own property or control accounts. The type of entity best suited to such a group is a trust. Trusts can be created purely out of contracts formed between the members of the trust-group.
 
Trust-groups can be formalised into single entities that can trade, own property or control accounts. The type of entity best suited to such a group is a trust. Trusts can be created purely out of contracts formed between the members of the trust-group.
[[Category:Glossary]]
 

Revision as of 00:52, 28 September 2010

Glossary.svg This page describes a concept which is part of our glossary

A group of people who all trust each other. People can belong to many trust-groups which all form a trust-network. Information is able to pass safely and securely between any two people in such a network because the route can be divided up so that information only ever passes between people who trust each other.

Trust-groups can be formalised into single entities that can trade, own property or control accounts. The type of entity best suited to such a group is a trust. Trusts can be created purely out of contracts formed between the members of the trust-group.