shareable trust

Shareable  Trust  ©TM®  

raj  singh  raj@sooqini.com  

@trajsingh  Ouishare  London  6-­‐11-­‐13  

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Collaborative consumption

Planet People Profit

2 Shareable Trust ©TM® / raj singh / November 2013

What makes it work?

Need Belief Trust

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What is trust?

Tell the truth, Keep your promises, Do the right thing 4 Shareable Trust ©TM® / raj singh / November 2013

How is trust created?

By trusting

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“The Internet is not just a series of pipes. Its core architecture embeds an assumption about human nature. It assumes that if individuals are empowered, they will do the right thing the vast majority of the time. Services like eBay, Etsy and Airbnb are built on the assumption that most people are honest. Increasingly w e h ave l e s s c o n fi d e n c e i n established hierarchies. We have come to trust in the network, in the web of connections between people.”

(Brad Burnham, Union Square Ventures) Shareable Trust ©TM® / raj singh / November 2013

Who is trusted?

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Who needs to be trusted – in collcons?

Sharer/giver Sharer/recipient Sharing platform

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But wouldn’t this be better?

Trust 2.0 Trust+ SharedTrust 8 Shareable Trust ©TM® / raj singh / November 2013

Shareable Trust is combined trust

Between people, platforms and

industries

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Bring your ratings and feedback

Opt-in to share Jumpstart on a

new network Don’t ever be a no-star Nellie

again

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A simple number

At first, Shareable Trust will be a single metric, easily shared

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And later, an API set

Ability to check, update and share as

desired

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Example

I’m hot on Sooqini -> I join goCarShare -> I transport my rating to them -> And then to RMI -> And then to…

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Benefits of shareable trust

People: don’t start from zero

Adoption: moves more quickly

Externalities: ???

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“We always overestimate the change that will occur in the

next two years, and underestimate the change that will occur in ten years. Don’t let

yourselves be lulled into inaction.”

 William H. Gates III

Shareable Trust ©TM® / raj singh / November 2013

Needs one/many Trust Servers

Middle-ware Independent

Non-repudiatable

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UK Share Co. wants to help

Independent body representing UK-

based Sharing Economy

companies

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UK Share Co. focus on outreach

@UKShareCo

Making people aware of Sharing

Economy Regulatory input

Trust infrastructure

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Next steps

Join us in spec’ing

Shareable Trust Be a part of UKShareCo

Spread the word

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Filler

20s breather

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Thank you

Shareable Trust ©TM® / raj singh / November 2013 20