do you give consumers and businesses the confidence
they need to do more business with each other?
Trust Enablement accelerates
the adoption of new business practices, as well as the flow
and value of business activity within an economic community.
At Issue (Top)
Economic communities rely on physical,
intangible and human capital for growth. Investment in information
and communication technology (ICT) infrastructures has contributed
to almost half the growth of leading OECD countries. It
may surprise some, however that trust between people, alone
can contribute significantly to economic growth:
15% increase in trust can contribute 1% annually to per
capita output growth; and
10% increase in inhabitant trust translates into an increase
of 0.1% in economic growth - sizable considering world average
growth rates of 1% to 3%.
What would the impact be if economic communities
could increase trust between their members through strategic
use of information and communication technology?
Enabling a community can produce eBay-like economic
growth, due to the cumulative effect of leveraging information
and communications technologies to increase trust between
transacting parties. Electronic Trust Enabling
services infrastructures can be designed to enhance relying
party confidence in business transaction by explicitly helping
to establish required levels of trust and protect from a loss
or deficiency of trust.
We define Trust Enabling infrastructures
for common business processes that help to reduce uncertainties
and make residual risks more acceptable to members conducting
business with other community members and external parties.
develop and deliver presentations on Trust Enablement
to community stakeholders and policy developers to facilitate
the decision-making process.
We provide subject matter expertise on Trust Enablement
at private consultation meetings with key community stakeholders
and economic development decision-makers.
Studies, Surveys and Information Reliance Profiles
We conduct studies and surveys, and develop Information Reliance
Profiles in order to determine community members' trust requirements.
Community System Rules
We contribute to the development of economic community Trust
Enabling System Rules (a combination of policies, guidelines,
standards and procedures) for all participating community members.
Solution Architecture & Design
We architect Trust Enabling systems and design processes
that satisfy trust requirements for inter-community and intra-community
business transaction and comply with System Rules. We also design
member identification and authentication solutions.