Mytq

myTQ is the Trust Authority for the Sharing Economy. myTQ has been developed to answer two of the most crucial questions in the booming sharing economy: How can I gain people’s trust? And who I can really trust? The number of individuals offering products or services to an online worldwide market is rapidly increasing daily, and simultaneously, in various different marketplaces. In the age of the sharing economy, I am now able to rent my cozy London apartment on Housetrip, sell my old vinyl records to collectors on eBay and rent my computer engineering skills as a freelancer on Elance. While I may offer different products or services in all of these marketplaces, one certain asset of my offering is common, my digital reputation and the level of trust gained. Thanks to which, I am able to attract new guests, new customers or sell easier and even at more premium prices. The problem that we at myTQ have identified is that these highly important assets in the sharing economy, reputation and trust, are currently locked on each separate marketplace. As a successful and trusted host on Wimdu, I cannot transfer my well-earned reputation to a similar marketplace, like 9flats. I have to start rebuilding my reputation from the beginning. That’s where myTQ has the solution. myTQ creates a unified reputation rating for all users. By combining aggregated public reputation data from marketplaces such as reviews and ratings, users’ behavior and personality traits, myTQ offers a universal trust profile for each user. With the establishment of myTQ as the validated passport to the sharing economy, not only do the trusted and successful sharers benefit by facilitating their introduction into new marketplaces easier and faster, but the marketplaces themselves are provided with the added value of a unique spherical view about the users' accountability in the whole sharing economy ecosystem, therefore safeguarding the experience for their users.