Trust2

Trust² is a revolutionary tool designed to create a transparent, equitable, and trust-led ecosystem by quantifying social reputation on-chain. The platform adapts the principles of quadratic funding to build a dynamic trust scoring system based on two key factors: the number of people delegating trust and the financial inflow they provide. These scores serve as the foundation for various financial and governance applications, enabling communities to make more informed and equitable decisions.

At its core, Trust² addresses a fundamental problem: the inability to measure and quantify trust and reputation in a transparent and scalable way. Traditional systems are opaque, centralized, and vulnerable to sybil attacks, while decentralized ecosystems often lack reliable tools to assess reputation or manage resources effectively. Trust² bridges this gap by offering a robust, blockchain-based solution.

Here’s how it works:

1. Trust Scores: These are calculated dynamically using the number of trusters (unique relationships) and the financial inflow provided. This ensures that both the breadth (how many people trust you) and depth (how much they trust you) are considered.
2. Streaming Payments: Using Superfluid, funds can be streamed in real-time, allowing for continuous and adjustable support. This makes it possible to reward trusted individuals or projects without the need for manual interventions or lump-sum payments.
3. Identity Verification: Tools like NounsDAO and Worldcoin ensure sybil resistance by verifying user identities. This creates a secure environment where trust scores genuinely reflect community relationships.
4. On-Chain Transparency: The Graph and BlockScout power real-time indexing and transaction tracking, allowing users to see the flow of funds, trust scores, and project progress.

Real-World Applications:

Trust² isn’t just about theory—it’s a practical solution that can be applied to various use cases, including:

• Micro-Lending: In underserved communities, trust scores can be used to allocate small loans fairly, ensuring that funds go to the most trusted and deserving individuals.
• Decentralized Governance: DAOs can leverage trust scores for weighted voting, enabling influential and trusted members to have more say in community decisions.
• DeFi Credit Scoring: Transparent, trust-based credit scoring can replace traditional, opaque systems, enabling more inclusive access to financial products like loans.
• UBI Distribution: Communities can use trust scores to distribute Universal Basic Income more equitably, rewarding members with higher engagement and broader trust networks.
• Collaborative Funding: Trust scores can determine fund allocation for community-led projects, ensuring resources are directed to initiatives with the most support and credibility.

How It's Made

Trust² is built with a carefully selected tech stack designed to make the platform simple, reliable, and impactful:

1. Celo Blockchain:
   • This is the foundation of our platform, chosen for its low-cost, eco-friendly transactions and its focus on creating financial tools for real-world use.
2. The Graph:
   • We use The Graph to organize and retrieve data in real time. It helps us display trust scores, transaction histories, and all the activity happening on the platform transparently.
3. GoodDollar (G$):
   • G$ is the currency for streaming payments. It’s accessible and aligned with our mission to promote financial inclusion and empower communities.
4. BlockScout:
   • For transparency, BlockScout lets users see every transaction on-chain, building trust and accountability.
5. NounsDAO:
   • This plays a key role in verifying identities, making sure the trust scores are secure and sybil-resistant.
6. Dynamic:
   • Dynamic simplifies wallet setup and login, ensuring everyone can join the platform without technical barriers.
7. Superfluid:
   • This tech allows real-time streaming of funds. It’s what makes the platform so dynamic and adaptable to different trust-based scenarios.

Core Features:

• Trust Scores: Calculated by looking at the number of people trusting someone and the money they’re streaming. It’s a new way to measure social reputation on-chain.
• Streaming Payments: Funds flow in real time, making it possible to support someone continuously rather than through one-time donations.
• Identity Verification: With tools like NounsDAO, we ensure that everyone on the platform is real and trustworthy.
• Transparency: Users can track everything happening on-chain, whether it’s trust scores or financial flows.
• Governance Tools: Communities can use trust scores for fair voting, resource allocation, and decision-making.

Why It Stands Out:

We’re blending innovative blockchain tools in a way that’s never been done before. The system is flexible enough to be used in micro-lending, governance, or even credit scoring for DeFi. It’s not just a tech experiment—it’s about creating real impact by empowering communities with trust and transparency.