Trust group

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Revision as of 09:23, 23 June 2011 by Nad (talk | contribs) (Dimensions of trust (stub))
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A trust group is a group of people who all trust each other. People can belong to many trust-groups, and all the trust-groups together comprise an important aspect of the platform network, which is a network formed from bottom up-organisations that incorporates trust relationships and allows the members to leverage such relationships. All the trust groups listed in this site are aligned with OrganicDesign.

The trust aspect

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 network of trust is a foundation onto which other more specific applications that require trust can be built. For example a trust-worthy system of trading can be built utilising a trust-group's ability to move value amongst its members in account and then settle up between themselves at a later convenient date. All trust-groups that partake in this contract form a network allowing currency to pass safely between any two parties.

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.

Dimensions of trust

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See also