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Credit is a system of trust.
First, in its reliance on a distributed system of trust relationships.
Mr. Baker argues that you can't insist on anonymity and simultaneously expect to enforce a system of trust.
I argue that order is maintained within the inter-domain routing system through a distributed system of trust relationships, which are anchored by centralized institutional structures.
It also calls into question the reliability of a basic system of trust that global Internet brands like Google and Facebook, along with their users, rely upon.
Australia began fumigating flower imports back in 1996 but, faced with soaring imports, as countries with cheaper labour upped their market share, a system of trust was introduced.
Similar(43)
Fortunately for the family fortunes, in 1972, Sir John had shrewdly set up a complex system of trusts as well as charitable foundations for his sons and grandchildren.
About 75% of such funding sources remain shrouded in secrecy, with wealthy conservatives routing their donations through a system of trusts which guarantee anonymity.
The Duke of Westminster's death has led to calls from tax campaigners to reform the system of trusts which has allowed Britain's wealthiest families to preserve fortunes through generations by avoiding death duties.
The commission accused the brothers of creating "an elaborate sham system" of trusts and companies, on the Isle of Man in the Irish Sea and in the Cayman Islands in the Caribbean, that produced $550 million in undisclosed gains on stock sales.
The S.E.C., in a complaint filed July 29 after a six-year investigation, accused the brothers of using "an elaborate sham system of trusts and subsidiary companies" in the Isle of Man and Cayman Islands in a 13-year plot to hide their stock ownership in four public companies on whose boards they sat.
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