In the essay "Better Than Free", Kevin Kelly debates which concepts hold value online, and how to monetize those values. See www.kk.org/thetechnium/archives/2008/01/better_than_fre.php

Kelly's point can be very useful: *When copies are free, you need to sell things which can not be copied.*

The problem that I see and present to this list is when he discusses qualities that can't be copied and considers "trust" as something that cannot be copied.

Well, in the digital economy we had to learn how to copy trust and we did. For example, SSL would not work if trust could not be copied.

How do we copy trust? By recognizing that because trust cannot be communicated by self-assertions (*), trust cannot be copied by self-assertions either.

To trust something, you need to receive information from sources OTHER than the source you want to trust, and from as many other sources as necessary according to the extent of the trust you want. With more trust extent, you are more likely to need more independent sources of verification.

To copy trust, all you do is copy the information from those channels in a verifiable way and add that to the original channel information. We do this all the time in scientific work: we provide our findings, we provide the way to reproduce the findings, and we provide the published references that anyone can verify.

To copy trust in the digital economy, we provide digital signatures from one or more third-parties that most people will trust.

This is how SSL works. The site provides a digital certificate signed by a CA that most browsers trust, providing an independent channel to verify that the web address is correct -- in addition to what the browser's location line says.

Cheers,
Ed Gerck

(*) "Trust as qualified reliance on information" in http://nma.com/papers/it-trust-part1.pdf and Digital Certificates: Applied Internet Security by J. Feghhi, J. Feghhi and P. Williams, Addison-Wesley, ISBN 0-20-130980-7, 1998.

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