Difference between revisions of "Trust group"
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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 | + | 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]] | [[Category:Glossary]] | ||
Revision as of 01:18, 23 September 2010
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.
