I am an engineer. When I refer to the "trust based" design I mean I used codes of practice and I trust them, so should my client. Context comes into play as other respondents eloquently explained.
Dear Mr. Yasseri, I am also an engineer but this time I was interested in the economic or philosophical meaning as I read in an economics book trust is one of five elements of economics. Thanks for your answer, regards, Ricardo
Dear Mr. van de Griend, I trust my wife but I don't have zero control. Anyway I was more interested in the economics or philosophical meaning of trust. Greetings, Ricardo
Dear Mr. Rivalino Matias Jr., thank you very much for your answers. With the first I agree very much, with the second I can add a similar example of Banks: when you put your Money in the bank you are also trusting the bank. I think this is why many Banks in the USA use the word TRUST in their names. Yours, Ricardo