Using the trust network offers any business type added value. The management will investigate which business activities can be more effective with reliable company and personal data and outline an implementation strategy.
Protecting a company’s reputation by being compliant with the TTP policy is an important reason to become a user of the trust network. Another reason is appropriate and consistent training of employees and making definitive agreements with partners.
MYOBI manages the trust network and maintains the preconditions for the users to establish effective relationships with partners. MYOBI has worked out the preconditions in the TTP policy. The preconditions relate to standardisation and quality of data, authentication of identity, the application of electronic signatures and cryptographic access to data.
The TTP policy, particularly the TTP Code of Conduct AVG, and accountability for organizing compliance with the obligations under the TTP policy, ensure that users have more certainty about their partners’ data reliability.
Certainty about the reliability of partners’ data is necessary for making agreements. The data relates to the identity of the partner, its authorized representatives, and its reputation. The user is happy to submit data to partners and asks a new partner to do the same by participating in the trust network.