Building a trust system for the Sharing Economy #TrustCloudTrustcloud – building a trust system for the Sharing Economy

A FICO score measures creditworthiness. An Ebay score rates buying and selling transactions.

The Sharing Economy desperately needs a similar score that gives you the confidence to rent rooms, borrow cars or hire other strangers.

TrustCloud is attempting to tackle this issue by measuring your virtuous online behaviors and transactions to build a portable TrustScore you can easily use all over the Web.

By providing the tools for trust and accountability, TrustCloud wants to enable better online decision-making and improve every transaction in online environments.

Building a trust system for the Sharing Economy #TrustCloud

From Twitter to Facebook to Linkedin, some of your activity on social networks is publicly available– TrustCloud analyzes this same public activity to determine the trustworthy reputation you’ve built online.  They also allow you to opt-in and share relevant private activity that will improve your TrustScore, since this deepens the number of sources and information the TrustCloud algorithms can analyze.

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