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Trust is central to creating an effective neighborhood, one capable of engaging residents to address the tasks of the day. There are several generators of trust we are concerned with.
- Institutions and their rules provide a lubricant that allows a neighborhood to function. They lower uncertainty about one another so we can exchange value. Traditional institutions - banks, civic organizations, government, and religious institutions - have historically helped establish trust.
- In the online world Amazon, Airbanb, Ebay, and Etsy provide rules that facilitate trust and exchange.
So too do various informal forms of cooperation, giving, and sharing help create trust. The capacity to de-individualize this type of trust has been lacking.
One hope for the JacksonHeights.nyc initiative is that we can create trust by formalizing a system that records positive actions and enables communication about this social capital to facilitate the exchange of all kinds of value.
A starting point on how neighborhood trust might be recognized and allocated using the blockchain technology is presented in this 14 minute TED Talk.
- False claims elicited replies expressing greater surprise and disgust.
- True news inspired more anticipation, sadness and joy, depending on the nature of the stories.