Market:Warrant Culture

💡 In simple words: Imagine if you could show people you are trustworthy, even if you don't have lots of money. Then you could borrow things or rent stuff from strangers. This is about building trust between people.

🎯 In 20 seconds (scientific summary): We are heading towards a culture of guarantorship that decouples trustworthiness from financial collateral through user-controlled reliability indicators and traceable identity systems. This emerging model addresses cross-border trust failures in peer-to-peer transactions by enabling selective data sharing while maintaining privacy, potentially reshaping how platforms manage risk and access.

Warrant Culture (embryonic, under construction)

The culture of guarantors

This page is an embryonic draft, under construction. It is offered as a basis for discussion, not a decision.

The idea

A whole culture of guarantors remains to be developed. It would include the ability to stand guarantor:

• for people who carry debts but are reliable, when those debts are unjust and the person can demonstrate it;
• for people who want special advantages. One example: a person with a modest lifestyle who has money on an account and wants to rent a luxury villa for a weekend. That person has guarantees to offer, but not millions to immobilise.

Reliability indicator, traceability and private data

This culture would rely on a reliability indicator, on traceability, and on the respect of private data: it is always the user who actively chooses whether to share his or her data or not. Data would never be shared with third parties by default.

Three concrete scenarios of loss of trust

Today, trust between strangers breaks down in situations such as these:

1. A car is rented from a private individual in Switzerland by a French resident or national. If a speed camera fine follows, it would simply never be paid: when no cross-border legal basis applies, only good faith remains.
2. A person rents a home, steals an object, then moves to another country, and no debt coverage agreement exists between the two countries.
3. A person causes damages or debts on a platform A, then creates an account on a platform B, or a second account on platform A.

What would change

With a global environment and a trust indicator that the user chooses to share in order to obtain services or rentals, these situations would change. This fluidity and this guarantee are what WikiDeal aims at proposing.

An open question

The exact role of WikiDeal in this culture remains to be defined: it is intended to be one of the major questions of the open calls. See the draft open call on guarantees.

Status

This page is an embryo: under construction, started and not definitive. Remarks and proposals are welcome on the Talk page, or through Get started: how to contribute.

See also

• Guarantors
• Arbitration
• Operational philosophy
• Open call: guarantees