Society is built on trust. Trust enables risk-based trade, like credit, insurance, job opportunities and
marketplaces. Trusting is based on the reputation of the "stranger", thus credit scores or star ratings.
The Reputation Network empowers you to leverage any data companies hold about you, so that you can prove you are trustworthy for any services you might need any time any where.
Reputation is an important asset we own. Unfortunately, reputation is not always easy to
prove, measure, port and take with us, especially in new environments. This limits our ability to trade, to
be accepted and to be given opportunities in circles where we have not been before. Credit scores may help
some people, but they are based on previous debt and many people fall outside their box.
Our school grades, AirBnB reviews, the timely payments of our monthly rent, or recommendations from friends are all part of our reputations. In a world based on trust, and with millions of people without access to fair financial services and fair credit scores, we should be able to prove our reputation to others whenever it is important to us. But how do we aggregate and use our reputations?
Our mission is to help people leverage and control their reputations for things that matter to them, to enable a trust-based economy.
Reputation Netwok's obfuscated identity prevents personal data from being identifiable by intermediate apps. This makes possible to build zero-knowledge reputation designs, whereby a reputation score can be computed out of different source apps, in a way that neither the final score recipient knows the source data, nor the score app knows who the data owner is.
Unlike today's Internet, data in the Reputation Network are shared with a purpose. Apps receive personal data
to produce a particular output. Verifiers mediate in data transfers to make sure exchanged data conform to a
pre-agreed schema without being able to read the raw, unencrypted data.
You've already registered in multiple web sites and mobile apps that you trust, where you generate data which in many cases is not feasible to decentralize, or there's little incentive to do so. The Reputation Network takes a federated approach by making these companies accountable for data storage and executing the data rights of their users, while offering a user-centric open platform for combining data.
Users have full control over their data by issuing signed permissions when opting-in and allowing-to-read to third parties. This also lets companies have cryptographic proof that they have the consumers' permission to use their data. Read permissions are ephemeral, so consumers have fine control about when their data will be used.
Traity, a reputation scoring company, will jumpstart the ecosystem by offering its score on the
platform. Trustbond, a replacement of traditional rental deposits, will enable its customers to
leverage their good-tenant behavior with their tenant reputation passport.
If you are interested to participate early in the ecosystem, either as a scoring company or data provider, please learn more here.
Use cases for the Reputation Network can include services tied to a certain static or dynamic level of reputation somewhere else. Check some of the possible use cases ↓
These are some potential use cases and apps people could develop to create more transparent and efficient economics based on trust. If you would like to help with development, or build your own ideas, please join our Discord.
Alternative Credit Scoring based on many different sources of data
Mortgage connected to a minimum rate of rent of a second bedroom on AirBnB
Lending tied to a certain number of weekly trips as an Uber Driver
Use past tenancies and utilities or telco bills as part of a tenancy application
Reduce trade escrows or pledged deposits based on past payments
Sharing economy coming together to perform just one criminal record of individual, reducing costs for all
Prove you are part of a secret society and that you have not been expelled
Belonging to an independent group of strategic consultants under an umbrella brand
Proof of CV / Grades / Salary, tied to a retailer credit card usage
Walmart vouches tied to regular NGO volunteering
Ann vouching for Bob with her own credit to boost his creditworthiness and in case Bob defaults, Ann takes the hit, making Bob more accountable
Stake-based vouching (e.g. for job introes and bounties) where voucher takes risk for such a recommendation.
Today we announce the Reputation Network, an open source project on which we have been working for a good year. The reputation network aims to help people leverage their personal reputational data for things that matter to them, like getting credit or access to homes.