What Happens To Trust In The Network Economy?

from the that-old-question-again dept

On the internet, no one knows you're a scam artist. For years, one problem that people have always talked about concerning online transactions is how to develop some sort of "trust metric". You're constantly dealing with people who you know nothing about, and are expected to trust to make a transaction work. Now, in an age of web services, where lots of different entities will come together to make something work, trust becomes an even bigger issues and it's unclear how to answer the trust question. I'm not sure the writer of this article has done much research into those who have been working on this problem for a while, but it is true that nothing much has changed over the past few years. People were writing the exact same column five years ago.
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  • identicon
    aNonMooseCowherd, 17 Jul 2003 @ 10:05am

    No Subject Given

    This is a problem even in the non-networked world. In real estate transactions, title insurance companies are supposed to prevent one side running off with the other side's money, but there have been cases of bogus title insurance companies that were set up as scams.

    link to this | view in chronology ]

  • identicon
    Doug, 17 Jul 2003 @ 10:09am

    Seven Degrees Of Seperation

    If Seven Degrees Of Seperation is true, then it should be easy to check with your friends for a reference on just about anyone whom you might deal with on the internet.

    link to this | view in chronology ]

  • identicon
    Chris, 17 Jul 2003 @ 10:30am

    No Subject Given

    PGP has this built in - and has for years. You can "trust" certain keys and any other keys trusted by keys you trust are automatically trustworthy. The whole web of trust scenario.

    Try saying that 5 times quickly :)

    Of course, nobody actually uses PGP - but that is a different problem.

    link to this | view in chronology ]


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