Precedents for the eTRUST Model
There is a more successful history in america and across the global realm of industry sponsored entities that promote voluntary self-regulation. ETRUST seeks to emulate the effective, appropriate components of these businesses in developing its working model. Samples of US-based industry teams that provide item or business-practice oriented self and monitoring legislation include:
Underwriters Laboratories (UL). UL's main objective would be to assist get safer services and products to promote by providing manufacturers a selection of conformity evaluation and product certification solutions. Almost 40,000 organizations global have actually paid UL to possess their products or services certified. Conforming items bear certainly one of UL's familiar classification or listing markings. 2
Bbb (Better Business Bureau). The Better Business Bureau comprises of 137 regional, business funded companies whose objective is always to "foster the greatest relationship that is ethical organizations and also the public through voluntary self regulation, customer and business training" 3 the area Better Business Bureau system as well as the nationwide Council of Better Business Bureaus together are sponsored by 230,000 regional company users plus some 300 nationwide corporations.