Wouldn't a new trust system require complete transparency ?

Your trust rating (or "Quatloo Bank") has been lowered!

Being vague about your system
 -2 Quatloos.

Everyone and every corporation will be stored in some sort of SQL DB ?
 -1 Quatloo.

Assigning everyone a QR barcode just to force them into your trust system
 - Not cool, man.

Sitting on this since 1989 ?
 +1 Quatloo for keeping the dream alive!

Perhaps not constructive, but the foundation didn't have the right permits anyway.