Trust and Credibility

Trust can be at a one-to-one dyadic level between individuals, or more generalised (such as trusting professionals or family). Trust involves risk: making oneself vulnerable to the decisions of others. Credibility is a measure of others perception an individual or groupā€™s trustworthiness.

A Britizen credit score is an independent measure of credibility. Each individualā€™s score is affected not only by their own actions, but by that of their Britizen ā€˜friendsā€™. Ā Having high scoring friends increases the score; lower scoring friends reduce it. Peer pressure encourages individuals to act in a trustworthy and socially responsible fashion, without government interference. Those behaving inappropriately risk the disapproval or exclusion from a friendship group. Essentially Britizen scores provide a global reputation based trust mechanism. This is explored in more detail in a separate post.

Global reputation systems such as Ebay[1] and Tripadvisor[2] are common onĀ  Web platforms. When individual identities are not verified there is a risk of deception by collusion. Britizen accounts are identified with the userā€™s National insurance number; which makes it difficult to create false identities and reduces the risk of deception.

[1] http://www.ebay.co.uk/

[2] https://www.tripadvisor.co.uk/

Leave a Reply

Your email address will not be published. Required fields are marked *