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| {{KidsIntro|Imagine circles of friends: people you know well are close, strangers are far away. WikiDeal uses 'rings of trust' so you can be safer with people you trust more.}}
| | #REDIRECT [[Gov/en/Portal:R&D/Innovations:Rings Of Trust]] |
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| Wiki Core · Concept
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| == Rings of Trust ==
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| Rings of Trust at a Glance
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| {| class="wikitable"
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| | Definition
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| | Agreement between ≥2 [[Gov/en/Portal:R&D/Innovations:User Groups|User Groups]]
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| | Currency
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| | [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]
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| | Coefficients
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| | 1 (restricted) to 10 (wide)
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| | Self-generation
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| | ❌ Not allowed
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| | Welcome amount
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| | ✅ Small grant to new users
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| | Examples
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| | Babysitting-Tutoring, Festival
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| | See also
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| | [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]
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| | See also
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| | [[Gov/en/Portal:R&D/Main|12 Programmes]]
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| |}
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| A Ring of Trust is a formal agreement between two or more WikiDeal User Groups to accept each other's [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]] for services. Rings define the scope and conditions under which Miles Credits can be used — creating a functional complementary economy that grows organically as User Groups choose to cooperate.
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| A Ring of Trust is not imposed from above — it is created by User Groups who choose to cooperate, defining their own terms within the WikiDeal framework.
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| === What Is a Ring? ===
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| A Ring of Trust is:
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| * An agreement between '''two or more User Groups''' (the minimum is 2)
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| * A commitment to accept Miles Credits for services within the Ring's scope
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| * Governed by a usage coefficient that determines how widely the Ring's Miles are accepted
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| * Registered in the WikiDeal system for transparency and auditability
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| === Usage Coefficients: 1 to 10 ===
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| Each Ring operates with a usage coefficient that reflects how widely its Miles Credits are accepted:
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| * '''Coefficient 1''' — Restricted: Miles can only be used within the two founding User Groups
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| * '''Coefficient 5''' — Moderate: Miles accepted across a cluster of related User Groups
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| * '''Coefficient 10''' — Widely accepted: Miles can be used across many Rings and User Groups in the ecosystem
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| A higher coefficient is not automatically better — it means the Miles are more versatile but may be worth less per unit due to wider supply. User Groups choose their coefficient based on their community's needs.
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| === Miles Credits Interoperability ===
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| The key innovation of Rings is interoperability. Miles Credits earned in one User Group can be spent in another User Group — but only if both are in the same Ring. This creates:
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| * A network effect: more Rings → more useful Miles
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| * Community incentives: User Groups benefit from joining Rings with complementary services
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| * No forced participation: User Groups choose which Rings to join
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| === No Self-Generation of Miles ===
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| User Groups and individuals cannot create Miles Credits from nothing. The only exception is a small welcome amount granted to new members entering the ecosystem — enough to make a first Transaction and understand the system, not enough to distort it. This rule prevents inflation and ensures Miles remain tied to real contribution or funding.
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| === Examples of Rings ===
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| ==== 🍼🎓 Babysitting-Tutoring Ring ====
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| A babysitting User Group and a tutoring User Group agree to accept each other's Miles. A parent can earn Miles by offering babysitting services and spend them on tutoring for their child. A tutor can offer lessons and receive Miles usable for childcare.
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| ==== 🎪 Festival Services Ring ====
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| Multiple User Groups involved in festival organization (sound, catering, transport, security) form a Ring. Workers can earn Miles in one role and spend them in another, creating a self-sustaining festival economy that minimizes CHF exchanges.
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| === Rings and Programmes ===
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| Rings of Trust work alongside WikiDeal's [[Gov/en/Portal:R&D/Main|12 Programmes]]. Many programmes define natural Ring configurations — for example, the Shared Resources Programme facilitates Rings between User Groups sharing physical assets, and the Microcredit Programme enables Rings between lending and borrowing communities.
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| '''See also:''' [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]] [[Gov/en/Portal:Economy/Miles-Credits|Miles Market]] [[Gov/en/Portal:R&D/Main|12 Programmes]] [[Gov/en/Portal:R&D/Innovations:User Groups|User Groups]] [[Gov/en/Portal:R&D/Open-Call:Main|Open Call Guide]]
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| 💡 '''Improve this concept''' — submit a proposal via [[Gov/en/Portal:R&D/Open-Call:Main|Open Call]]
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| [[Category:Migration June 2026]]
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