Rebooting the Web of Trust is a cooperative of tech visionaries experienced with security, privacy, and identity. Its goal is to imagine and implement the future of decentralized trust on the internet. The first 40 members of the group came together at a design workshop held in San Francisco, California on November 3rd and November 4th, 2015 that was sponsored by the Open Identity Exchange, Respect Network and PricewaterhouseCoopers.
The Web of Trust. It’s the buzzword for a new model of decentralized identity. However, it’s also a phrase that dates back almost twenty-five years and has been heavily overloaded with meaning during that time. The classic definition of Web of Trust derives from PGP, but the top Google results refer to a website reputation rating system created by a Finnish internet company. Meanwhile, some use it as a big tent that includes identity authentication & verification, certificate validation, and reputation assessment, while the vibrant blockchain community is also drawing new attention to the classic concept.
To build a contemporary Web of Trust, we need to better define it. To do so, we must both understand what the classic Web of Trust was and create a model for the elements of trust that are contained within a more modern definition thus the “Rebranding of Trust” white paper.