Trust Score (Beta) for Ethereum

Nantium OÜ, Decentralize Today, Feb 20, 2017
Commentary by Stephen Downes

I agree with Nantium OÜ that "decentralization will lead to a more fair society where monopolies lose their stranglehold over some of our key economic sectors (and possibly even government sectors)." I'm less convinced that trust is a key part of this, but I'm willing to listen. In any case, what OÜ has done is to create a (beta) trust mechanism for Ethereum. Basically, it uses the same mechanism for trust as it does for payment: "you can file a complaint through an Ethereum contract that will ultimately penalize the other party’s score." This mechanism has already been suggested for credentials, such as academic achievement or badges. I'm more inclined to think that trust (and achievement) will be derived by AIs mining publicly accessible data. But we'll see.

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